๐จ Will Bitcoin break the 82,000$ level, or are the big players preparing for a new correction? ๐๐
BTC price is trading within critical ranges, as the market has shown strong recovery of more than 20% since the summer levels, putting it back on the verge of the tough resistance zone at 80,000}- 82,000$.
With continued ETF fund inflows and anticipation of upcoming monetary policies, we observe a clear divergence between the strong movement of $BTC and the volatility of alternative coins such as $ETH and $SOL.
๐ก Three scenarios to watch this week:
1. Bullish scenario: A daily close firmly above 82,000$ could open the door to new all-time highs.
2. Bearish scenario: Failure to break through resistance may push the price to retest the main support zones near $75,000.
3. Altseason: A shift of liquidity from Bitcoin into the alternative coins that are most active right now.
๐ Share your take in the comments: Do you think the market is headed for a new peak, or are we waiting for a correction? ๐ค
#Binance #BTC #bitcoin #Write2Earn #cryptouniverseofficial
BTC price is trading within critical ranges, as the market has shown strong recovery of more than 20% since the summer levels, putting it back on the verge of the tough resistance zone at 80,000}- 82,000$.
With continued ETF fund inflows and anticipation of upcoming monetary policies, we observe a clear divergence between the strong movement of $BTC and the volatility of alternative coins such as $ETH and $SOL.
๐ก Three scenarios to watch this week:
1. Bullish scenario: A daily close firmly above 82,000$ could open the door to new all-time highs.
2. Bearish scenario: Failure to break through resistance may push the price to retest the main support zones near $75,000.
3. Altseason: A shift of liquidity from Bitcoin into the alternative coins that are most active right now.
๐ Share your take in the comments: Do you think the market is headed for a new peak, or are we waiting for a correction? ๐ค
#Binance #BTC #bitcoin #Write2Earn #cryptouniverseofficial