BTC was facing resistance in the 101k-104k range, and this is precisely what transpired, leading to an immediate price decrease.
• But while BTC attempted to break through, it was rejected at 102k, and is currently trading around 97k, above the EMA. A minor bounce is possible, but given the breakdown, further declines to the 93k-91k range are also possible.
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BTC was facing resistance in the 101k-104k range, and this is precisely what transpired, leading to an immediate price decrease.
• But while BTC attempted to break through, it was rejected at 102k, and is currently trading around 97k, above the EMA. A minor bounce is possible, but given the breakdown, further declines to the 93k-91k range are also possible.
We will try to keep updating accordingly.
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