source avatarOlaOfCrypto📈📉 | Web 3💰

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#BTC Price Action 📈 — Monday Technical Analysis. People have been asking me... ARE WE IN A BULL MARKET NOW? 👀 Since my last update on $Bitcoin, BTC has made some significant moves, pushing as high as $82k. THIS IS A BIG MOVE FROM $BTC. However, for the past 2 weeks, Bitcoin has been dwelling in this zone, ranging and preparing for its next move >>>> And this is where things get interesting. WHAT IS BTC'S NEXT MOVE? ❓ In a nutshell, there are two major prices you should be watching right now: $82k ===> Major resistance zone that determines a CHOCH. $75k ===> Major support that determines a BOS. DETAILS >>> If the market successfully breaks the $82k resistance, that may confirm a change of trend and the market becoming bullish. But if the market successfully breaks the $75k support, that may confirm the bulls are not here yet. This is why these two zones are VERY important in the current state of the market. Pay attention to them. Don't just look at Bitcoin and ask, "Are we bullish or bearish?" Watch what happens when Bitcoin gets to these levels. Should any major change happen in the current market, you will see my update 😎 Happy Monday & Happy Trading, Fellas. 🤝 I have always tried to make my analysis as simple as possible, even for those who aren't technically proficient. So if you've been finding these weekly analyses helpful, make sure to like and share 🤝 — Kayode Ola

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