Lingrid | BITCOIN quick SELL-OFF from the RESISTANCE zone for BINANCE:BTCUSDT by Lingrid

Lingrid | BITCOIN quick SELL-OFF from the RESISTANCE zone

market is currently moving sideways, and I think it may continue this trend until the presidential inauguration. Additionally, the price has formed an ABCD pullback from the all-time high, with the D point completing around the support level of 86,000. The market has tested the 91,000 support level three times; however, there’s a possibility that the price may break through towards 90,000 on fourth approch, given that it is consolidating just above this level. I expect the market to dip below the psychological level of 90,000 in order to seek liquidity for a more bullish move in the near future. My goal is support zone around 87,000

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻

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Price on RESISTANCE LEVEL!

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