Hello traders as we can see BTC is struggling to climb higher and below the pivot point. A break below the trend line will see support at 92K
Trade active
As we can see the upper trend line was broken came up for a retest got rejected next support is around 92K it can fall to around $91,400 as we can see there was a big reaction at that price previously. Failure by buyers to step back in at these prices could see BTC fall to 89K. Expecting a consolidation for a while after that to be honestSL : $105000
TP $94000,$92000,$91500,$90000
Trade closed: target reached
Trade closed
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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.