BTC Update: Price Rejected at Resistance
Key Developments:
- BTC price has been successfully rejected from the marked resistance zone.
- A deeper retracement (pullback) towards the lower marked $80k demand zone is now expected.
Market Outlook:
The rejection at resistance suggests a potential short-term bearish bias. Traders should monitor the $80k demand zone for a potential buying opportunity or further downside momentum.
Key Developments:
- BTC price has been successfully rejected from the marked resistance zone.
- A deeper retracement (pullback) towards the lower marked $80k demand zone is now expected.
Market Outlook:
The rejection at resistance suggests a potential short-term bearish bias. Traders should monitor the $80k demand zone for a potential buying opportunity or further downside momentum.
Join My Telegram Channel For Getting Free Signals and Analysis 👇👇
t.me/fxinsighthub7
t.me/fxinsighthub7
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Join My Telegram Channel For Getting Free Signals and Analysis 👇👇
t.me/fxinsighthub7
t.me/fxinsighthub7
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.