After reaching new highs around $112k, BTC has since retraced to support around $100k.
Currently reclaiming support around $105k, continued strength could see price reach ATHs in the coming days or weeks.
Losing support around $105k could signal a retest of $100k.
Referring to a previous post, my theory that we may not see sub $100k for the rest of the year is still in play, perhaps a signal of market strength despite the fear of the bull market ending.
Evidently, BTC is still holding up to all bullish expectations... Until proven otherwise.
Currently reclaiming support around $105k, continued strength could see price reach ATHs in the coming days or weeks.
Losing support around $105k could signal a retest of $100k.
Referring to a previous post, my theory that we may not see sub $100k for the rest of the year is still in play, perhaps a signal of market strength despite the fear of the bull market ending.
Evidently, BTC is still holding up to all bullish expectations... Until proven otherwise.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.