After being rejected several times by the resistances above the $82k resistance, $BTC is forming an equilibrium around $78,374 while the RSI Stochastics is coming back down from its overbought condition.
It is important to hold the $75k to $78k zone for longs to organize another break out attempt towards $82k+.
A break below $75,000 risks a drop toward long-term trendline support.
DYOR, NFA
#BTC #BTC Price Analysis# #Altcoin Season# #BNBChain# $ETH
It is important to hold the $75k to $78k zone for longs to organize another break out attempt towards $82k+.
A break below $75,000 risks a drop toward long-term trendline support.
DYOR, NFA
#BTC #BTC Price Analysis# #Altcoin Season# #BNBChain# $ETH
