Bitcoin (BTC): Going For a Re-Test Towards Resistance
Bitcoin seems to head towards the $100,000 zone, where the price is showing early buying signs as the first days of 2025.
Now keep in mind that our bigger timeframe view has not changed so we still wait for that correction to happen but meanwhile, a re-test seems reasonable.
As soon as we break that branch of EMAs in a 4-hour timeframe, we will be looking for a move to resistance, from where we might see either a liquidity grab or a proper rejection!
Swallow Team
Now keep in mind that our bigger timeframe view has not changed so we still wait for that correction to happen but meanwhile, a re-test seems reasonable.
As soon as we break that branch of EMAs in a 4-hour timeframe, we will be looking for a move to resistance, from where we might see either a liquidity grab or a proper rejection!
Swallow Team
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