BTC 4H Possible fall and momentum scenario
BTC is currently in a high selling pressure zone. Although it is currently in a bullish channel, the price can turn around at any time.
I understand that an achievable target is 67K, an area where it would be best to take profits and wait to see what happens. It is better to be on the right side than on the wrong side. It is preferable to stay out of the market in areas of uncertainty and look for appropriate buying moments. Either supports or breaks of key areas.
I hope that the graph is not too confusing, but the idea is that at 67K there will be a correction that will truly allow us to gain momentum to reach the objectives of 100K or more that everyone is considering.
These references to the possible behavior of BTC affect all ALTCOINS so we will have to be vigilant.
BTC is currently in a high selling pressure zone. Although it is currently in a bullish channel, the price can turn around at any time.
I understand that an achievable target is 67K, an area where it would be best to take profits and wait to see what happens. It is better to be on the right side than on the wrong side. It is preferable to stay out of the market in areas of uncertainty and look for appropriate buying moments. Either supports or breaks of key areas.
I hope that the graph is not too confusing, but the idea is that at 67K there will be a correction that will truly allow us to gain momentum to reach the objectives of 100K or more that everyone is considering.
These references to the possible behavior of BTC affect all ALTCOINS so we will have to be vigilant.
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