**"The $133K zone remains Bitcoin’s key resistance level.**
If Bitcoin fails to break this resistance for any reason and forms a **reversal candle** in this area,
I expect a **correction phase** to begin, with the market entering **panic sell mode.**
**First support** lies at **$110K.**
Further support levels are **$100K, $92K, and $88K** respectively.
If the price drops to the **$74K zone**, it’s time to **sell everything you’ve got** (yes, even your kidneys!) and **buy Bitcoin.**
However, if **$133K is broken to the upside**, we’re heading for **$140K, $150K, and $170K**… and **then** the real **panic selling** begins."
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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.