According to the forecast from the previous publication, Bitcoin has forcefully lost the support at 110k!
The breaking of this important support confirms the sign of weakness that we have been monitoring in the market.
Now BTC enters a zone of maximum attention, potentially seeking the next supports in the regions of 107k, 105k, and even 103k, if the selling pressure continues.
What to observe now:
Volume: An increase in selling volume confirms the movement.
Next supports: Stay alert to the regions of 107k and 105k.
Scenario: As long as it remains below 110k, Bitcoin stays in a correction trend in the short term.
On the other hand, these drops can be seen as good accumulation opportunities for those thinking long-term.
And you? Are you observing the movement or taking the chance to buy more BTC?
Leave your opinion in the comments!