Important BTC Video to Watch, I mentioned the level of 100500 a couple of days ago,
today is June 6th BTC
It's important to watch this video,
at this moment it has reached the hourly resistance of 103600.
For upward resistance, pay close attention to the 12-hour level, the pressure around 105000, which is the position of the body of the bearish candle from last night.
If it can pull back to 105000, there is a high probability that the overall decline will be completed.
First Logic: If it can pull back to 105000 and stabilize, there is a high probability it will stop falling.
The market will continue to move upwards.
Second Logic: If it starts to turn sharply near 105000, the extreme position might break down to 100000, adjusting to the 2-day line, around 97000, but it may not necessarily reach that level, so don’t focus on it for now.
If it does not stabilize at 105000 and starts to pull back, pay close attention to the hourly structure forming a bottom, which can also be understood as two tests. If the hourly pullback forms a bottom structure, it can also complete the overall decline.
