BTC may has slight recession before next move
Currently BTC has resistance zone at 97k, Bull and Bear are fighting hard right there.
If Bull (buyer) can't push the price break this zone soon, it could be a short recession for BTC, then at 70k will be the support zone.
If Bull (buyer) can't push the price break this zone soon, it could be a short recession for BTC, then at 70k will be the support zone.
Note
BTC price has been react with this zone for many days. It seems like seller/Bear is stronger. Will this Zone be resistance for BTC. What is your idea ?
On the other hand, BTC must break this zone and then successfully retest it (99k) to be able to initiate a new bullish move.
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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.