Macro view of Bitcoin on the annual chart: BTC has accumulated a 28.38% decline over the period and is strongly consolidating in the $77,935.91 range, far from the main peak of $124,658.54.
The structure shows accumulation at the base after rejecting the main low, opening up a buying opportunity to target the first level at intermediate support that has turned into resistance at $88,000 and then the $105,000 range.
The structure shows accumulation at the base after rejecting the main low, opening up a buying opportunity to target the first level at intermediate support that has turned into resistance at $88,000 and then the $105,000 range.
