A possible bearish scenario is playing out on BTC, but hey—just one of many possibilities before the real bloodbath begins. 👀 This could just be a classic trap to lure people in before shaking them out. The key resistance zone is between $GETTEX:97K and $101K, a big range to clear. If we flip it and close above $102K on the weekly, that would be amazing—but let’s be real, we’ll need a strong catalyst for that. If we do, then we’re likely talking about the $120K range.
On the flip side, if we drop lower from here, the most obvious support sits at $72K. Below that… well, let’s just say we don’t wanna go there—next real support isn’t until $50K. For everyone’s sake, let’s hope we don’t see those levels. Big decision point ahead—let’s see who wins this battle! ⚔️🚀
On the flip side, if we drop lower from here, the most obvious support sits at $72K. Below that… well, let’s just say we don’t wanna go there—next real support isn’t until $50K. For everyone’s sake, let’s hope we don’t see those levels. Big decision point ahead—let’s see who wins this battle! ⚔️🚀
Trade active
Looks like a moon mission indeed. Marked area will act as a support now
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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.