Bitcoin continues to consolidate. A sure sign of a strong bull market.
The market is not allowing the price to approach the key support 101400 and is forming a strong limit level in the 102500 area.
Scenario: I am waiting for a retest of 105000 resistance and if bitcoin remains consolidated above 103500 - 103800 and continues to test 105000, another retest of consolidation resistance could lead to a breakout and a rise towards ATH
An additional condition may be the consolidation of the price above 105000.
The market is not allowing the price to approach the key support 101400 and is forming a strong limit level in the 102500 area.
Scenario: I am waiting for a retest of 105000 resistance and if bitcoin remains consolidated above 103500 - 103800 and continues to test 105000, another retest of consolidation resistance could lead to a breakout and a rise towards ATH
An additional condition may be the consolidation of the price above 105000.
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❤️ Telegram channel: t.me/AndeWave
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.