MALLU CRYPTONYTE
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$BTC UPDATE‼️⚠️
_______________________________
according to the Daily chart, Bitcoin is currently in a broader downtrend. But recently, the market has shown early signs of a small uptrend on the 4H timeframe, This increases the chances of a deeper pullback inside the Daily downtrend before the next leg down.
That’s why, as long as the last swing low (84,460) — which created the recent 4H higher high — does not break down, the resistance levels I’m watching for the next short entry are:
1️⃣95–96K
2️⃣98–100K
3️⃣107–108K
A clean rejection confirmation from any of these levels can give you a solid best-entry for a swing trade toward the 71–77K zone.
⸻ Plan B ——-
if the market doesn’t have the fuel to move up into these resistance levels,then the key level to watch on the last swing low at 84,460 (4H)
👉A breakdown of this level + A retest afterward 🫦gives us a Plan B opportunity as well. (⚠️make decisions only after your own analysis⚠️⚠️‼️)
_______________________________
according to the Daily chart, Bitcoin is currently in a broader downtrend. But recently, the market has shown early signs of a small uptrend on the 4H timeframe, This increases the chances of a deeper pullback inside the Daily downtrend before the next leg down.
That’s why, as long as the last swing low (84,460) — which created the recent 4H higher high — does not break down, the resistance levels I’m watching for the next short entry are:
1️⃣95–96K
2️⃣98–100K
3️⃣107–108K
A clean rejection confirmation from any of these levels can give you a solid best-entry for a swing trade toward the 71–77K zone.
⸻ Plan B ——-
if the market doesn’t have the fuel to move up into these resistance levels,then the key level to watch on the last swing low at 84,460 (4H)
👉A breakdown of this level + A retest afterward 🫦gives us a Plan B opportunity as well. (⚠️make decisions only after your own analysis⚠️⚠️‼️)
🎙️ Let's Grow the Binance Community Together
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