Bitcoin After the Liquidations: Is the Road to $86,000 Clear?
After the decline and heavy liquidations, I expect a recovery from the local lows today, rather than a continuation of the drop. The nearest confirmation would be a move above $84,500–84,600; the level that would invalidate the rebound scenario is $81,100. Friday’s derivatives close could increase volatility, so a breakout above resistance and holding support matter more than the local rise itself.
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$BTC #BTC
After the decline and heavy liquidations, I expect a recovery from the local lows today, rather than a continuation of the drop. The nearest confirmation would be a move above $84,500–84,600; the level that would invalidate the rebound scenario is $81,100. Friday’s derivatives close could increase volatility, so a breakout above resistance and holding support matter more than the local rise itself.
If you found this overview useful, please like the video and subscribe to the channel.
$BTC #BTC