Bitcoin was ranging between 107,000 and 91,000, but has broken through this phase as price action touched 86,000. This may signal a deeper correction if price fails to rise above the 91k barrier.
Possible Moves:
Current movement maybe between 91,000 and 86,000 as the crypto may retest the break through point to the downside.
After the upward pullback, as long as price is also under 91,000, Bitcoin may still correct to touch the 81,000, probably in some days or weeks.
However, if the crypto finds stability above 91,000, it may continue to rise aiming for upper resistance barriers.
Possible Moves:
Current movement maybe between 91,000 and 86,000 as the crypto may retest the break through point to the downside.
After the upward pullback, as long as price is also under 91,000, Bitcoin may still correct to touch the 81,000, probably in some days or weeks.
However, if the crypto finds stability above 91,000, it may continue to rise aiming for upper resistance barriers.
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