Bitcoin has lost its trendline and appears to have accumulated significant sell orders near the top.
The zone between $96K and $100K could act as the main supply area, potentially pushing the price down to at least $88K.
Targets are clearly marked on the chart.
A daily candle closing above the invalidation level would invalidate this outlook.
Do not enter the position without capital management and stop setting
Comment if you have any questions
thank you
The zone between $96K and $100K could act as the main supply area, potentially pushing the price down to at least $88K.
Targets are clearly marked on the chart.
A daily candle closing above the invalidation level would invalidate this outlook.
Do not enter the position without capital management and stop setting
Comment if you have any questions
thank you
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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.
🔥 See hot signals and top analyzes on our free Telegram channel: 👉 t.me/iMoney_T
🔥 Profitable signals are only posted on our free Telegram channel: 👉 t.me/iMoney_T
🔥 Profitable signals are only posted on our free Telegram channel: 👉 t.me/iMoney_T
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.