$BTC is showing signs of weakening momentum after breaking its trendline, but the 100-day SMA has so far provided support.
Following the weekend retest, tomorrow's price action will be important in determining the next move.
đ Bearish scenario: A rejection at the 100-day SMA could send BTC toward the 200-day SMA around $73K.
đ Bullish scenario: A strong move from current levels could open the door toward $82K.
The market is at a key point, and the next move will be worth watching closely.
Do you think BTC will bounce or head lower?
$QI #BinanceProcesses$4.65BWithdrawals
$G #BinanceUpdatesProofofReservesAddresses
Following the weekend retest, tomorrow's price action will be important in determining the next move.
đ Bearish scenario: A rejection at the 100-day SMA could send BTC toward the 200-day SMA around $73K.
đ Bullish scenario: A strong move from current levels could open the door toward $82K.
The market is at a key point, and the next move will be worth watching closely.
Do you think BTC will bounce or head lower?
$QI #BinanceProcesses$4.65BWithdrawals
$G #BinanceUpdatesProofofReservesAddresses
