Bitcoin Analysis
The chart shows a slight weakness in the coming hours; we might visit the area between 100,000 and 98,000 as healthy support for the market to continue rising.
If 98,000 is broken and we close below this support on the 4-hour frame, it will create a negative outlook towards the 90,000 dollar area directly.
In general, the situation is positive, and resistance at 115,000 dollars is close to us even if we see any corrections in the upcoming period.
Summary
The nearest support to us is 100,000 and the next support is 98,000.
The nearest resistance is 106,000 and the next resistance is 115,000.
Do not despair over the current situation.
We are still waiting for the markets to recover soon.
Support our channel by engaging with our posts.
Good luck, God willing #btc
#ETH
The chart shows a slight weakness in the coming hours; we might visit the area between 100,000 and 98,000 as healthy support for the market to continue rising.
If 98,000 is broken and we close below this support on the 4-hour frame, it will create a negative outlook towards the 90,000 dollar area directly.
In general, the situation is positive, and resistance at 115,000 dollars is close to us even if we see any corrections in the upcoming period.
Summary
The nearest support to us is 100,000 and the next support is 98,000.
The nearest resistance is 106,000 and the next resistance is 115,000.
Do not despair over the current situation.
We are still waiting for the markets to recover soon.
Support our channel by engaging with our posts.
Good luck, God willing #btc
#ETH