Let’s see on $BTC
After support testing in the 100000 area, bitcoin started his movement to check ATH resistance (109800).
On the day timeframe, we can see support levels with the price: ~94500, 101500 and 103500. Resistance levels: ~109800, 108800 and 106000.
If the price can stay at levels higher than 106(ideally 108), it will show us the way to new ATH and the next stop, imo, will be at levels near 115000-120000.
If the price will not be able to hold its position at levels higher than 106000-105500, it will go to 101500, to retest the level 100000.
In short timeframes, we can see overbought signals and I am thinking about short correction to 103500-101500 level. There is a survey below, if it is not difficult, please give an answer.
Good trades and great profits for all!
After support testing in the 100000 area, bitcoin started his movement to check ATH resistance (109800).
On the day timeframe, we can see support levels with the price: ~94500, 101500 and 103500. Resistance levels: ~109800, 108800 and 106000.
If the price can stay at levels higher than 106(ideally 108), it will show us the way to new ATH and the next stop, imo, will be at levels near 115000-120000.
If the price will not be able to hold its position at levels higher than 106000-105500, it will go to 101500, to retest the level 100000.
In short timeframes, we can see overbought signals and I am thinking about short correction to 103500-101500 level. There is a survey below, if it is not difficult, please give an answer.
Good trades and great profits for all!
BTC will reach ATH in a week
44%
BTC will fall to 95 in a week
34%
Flat, ~100000-106000
22%
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