Bitcoin (BTC): Markets Are Greedy, Possible 100K?
Getting little further on another scenario here, which we talked about as well.
We mentioned that the 100K zone acts as psychological resistance and a magnet, and while indicators are hinting at an upcoming drop (which aligns well with our lower entry zone), we’re also considering other possibilities.
If we see another break of structure from the ATH, we might head toward 100K, where we’d expect some signs of weakness. (added orange-lined path)
It’s challenging to determine resistance zones as we form new ATHs, so the best approach is to wait, speculate, and look for confirmations!
Swallow Team
We mentioned that the 100K zone acts as psychological resistance and a magnet, and while indicators are hinting at an upcoming drop (which aligns well with our lower entry zone), we’re also considering other possibilities.
If we see another break of structure from the ATH, we might head toward 100K, where we’d expect some signs of weakness. (added orange-lined path)
It’s challenging to determine resistance zones as we form new ATHs, so the best approach is to wait, speculate, and look for confirmations!
Swallow Team
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⚡️ Short-Term + Mid-Term Trades
Join our amazing team and be part of something bigger.
FREE: t.me/+fiEDSn7M9pJkODA0
🚨 Authentic Mentoring
⚡️ Short-Term + Mid-Term Trades
Join our amazing team and be part of something bigger.
FREE: t.me/+fiEDSn7M9pJkODA0
⚡️ Short-Term + Mid-Term Trades
Join our amazing team and be part of something bigger.
FREE: t.me/+fiEDSn7M9pJkODA0
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