The current situation of #bitcoin is really simple,
Just focus on things that deserves attention over anaylsis makes thing complicated〰️📊
Bitcoin is stuck at $76K/$80K Zone from over a week now, And this resistance zone doesnt end at $80k, Meaning If $BTC hits 82k Breakout wont happen, still it will be stopped by the resistance. So we need over a 3K move to see a breakout🚀
But this still dont clear the path as "Sellers" sits at multiple levels like ($85K/$88K) then ($90K/$97K) and the biggest resistance $100,000📈
So simple outlook is:
Breakout at $82K ---> $85K/$87K.
Dyor,Manage risk wisely
Just focus on things that deserves attention over anaylsis makes thing complicated〰️📊
Bitcoin is stuck at $76K/$80K Zone from over a week now, And this resistance zone doesnt end at $80k, Meaning If $BTC hits 82k Breakout wont happen, still it will be stopped by the resistance. So we need over a 3K move to see a breakout🚀
But this still dont clear the path as "Sellers" sits at multiple levels like ($85K/$88K) then ($90K/$97K) and the biggest resistance $100,000📈
So simple outlook is:
Breakout at $82K ---> $85K/$87K.
Dyor,Manage risk wisely
