BTC is really trying but a pullback is the most likely scenario now,
however how bitcoin or the market react to the pullback is what matters,
My prices to watch out for is 101k, if the price of bitcoin holds above or at around this level then it will bounce hard and we might see another all time high, however I see this possibility as a very slim or weak but it is still a posibility.
The second and the most likely scenario is BTC pullsback to the low 90s and stops around 90-93k, then a bounce back to the 100k might be possible after this, if however BTC fails to go above the 100s it might indicate a more bearish scenario and some dumping might occur.
I still have a target at around 60-70k just in case the 90s fail to hold, and this will be the 3rd and worse case scenario.
however how bitcoin or the market react to the pullback is what matters,
My prices to watch out for is 101k, if the price of bitcoin holds above or at around this level then it will bounce hard and we might see another all time high, however I see this possibility as a very slim or weak but it is still a posibility.
The second and the most likely scenario is BTC pullsback to the low 90s and stops around 90-93k, then a bounce back to the 100k might be possible after this, if however BTC fails to go above the 100s it might indicate a more bearish scenario and some dumping might occur.
I still have a target at around 60-70k just in case the 90s fail to hold, and this will be the 3rd and worse case scenario.
Trade active
Bounced of 101k, Lets just go long now.
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.
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.