Hello Fellow Degenerates,
Bitcoin is holding above 104k helping us a lot when it comes to our bullish scenario, however the bearish scenario still lingers and threatens to destroy all of our hopes, dreams and portfolios.
- We need price to break above 108k to confirm our bullish bias
- A rejection of 106k could bring price to retest 104k and possibly break it, validating our bearish scenario
- Levels to watch: 110.5k, 108.4k, 106.8k, 104.3k, 101k
Bitcoin is holding above 104k helping us a lot when it comes to our bullish scenario, however the bearish scenario still lingers and threatens to destroy all of our hopes, dreams and portfolios.
- We need price to break above 108k to confirm our bullish bias
- A rejection of 106k could bring price to retest 104k and possibly break it, validating our bearish scenario
- Levels to watch: 110.5k, 108.4k, 106.8k, 104.3k, 101k
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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.
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.