Posts
avatar

As we shared before $BTC bounced from the exact zone we mentioned. Is it bottom for next leg up ? Yes bottom for next leg up till $90K is in Here is why: First reason is liquidations. The main level that created alot of liquidations has been swept Next large liquidity zone is around $84.5K and $87.5K Obviously market will try to grab it Bitcoin electrical cost the main thing that I used to mark bottom at $58K now also indicating recent drop is enough to fuel next upside leg During last drop ETFs sold a lot and price reflected it and now they are buying again price is reflecting it too, big money is buying again means next move is upside Upside direction has been confirmed but the main point here is upto what level it can go up The simple answer is $90K That will resist and once we take over that level next leg up will be upto $96K It can take upto few weeks and maybe a month to get play out perfectly

This content is for informational and educational purposes only. It may include third-party insights, sponsored content, or promotional material for which the creator may receive compensation. Nothing in this feed constitutes investment advice or a guarantee of returns. You are solely responsible for your own investment decisions. Always conduct your own research and exercise caution before trading. We do not guarantee the accuracy of third-party information and are not liable for any losses incurred. Past performance is not indicative of future results. Please refer to our Community Terms and Risk Disclosure Statement for details.

avatarPost your reply

Comment