BTC - a more detailed view (white arrow) shows the possibility of filling the triangle, which, through its apex, will drop down to approximately $90,000 - $90,300 to collect liquidity and gain strength for further growth. In this way, it will gather liquidity from both above and below and can then once again attack the $100,000 threshold and try to go even higher....
Bittensor is currently respecting a long-established trendline and has reached a support zone. The intersection of the support zone and the trendline could create a strong impulse for a rebound upward. Since TAO is one of the key representatives of AI, I assume this rebound could trigger an AI coin season, with others following its upward trend.
1. Blue arrow - assumes the selection of the nearest liquidity both above and below (approximately 20% movement). Subsequently, gradual growth towards ATH could follow if we break through the long-forming triangle. 2. Purple arrow - liquidity selection above the current price level, around the trendline, followed by a decline to the lower trendline. In the case of...