Update for BTC
Finally really reached support. For now, just waiting to see if it holds there or not.
If there is a new lower low below 100k, then there will be a further decline until a double bottom pattern appears.
Faizal Fogie
--
Bearish
$BTC
BTC has been sideways for the past few days. That's why I haven't been posting much lately. Most coins are a bit hard to predict when the market is sideways, or maybe my knowledge just isn't as good as others 😅
For now, BTC will test support around the price of 100k - 102k. And to reach that price, it may take time depending on market volatility. But for now, the market looks dominantly bearish, as can be seen from the last bounce with no new higher highs, and it is currently heading towards its support line.
Maybe that's all I wanted to say, for the next step just continue to do your own research.
#PowellRemarks
BTC has been sideways for the past few days. That's why I haven't been posting much lately. Most coins are a bit hard to predict when the market is sideways, or maybe my knowledge just isn't as good as others 😅
For now, BTC will test support around the price of 100k - 102k. And to reach that price, it may take time depending on market volatility. But for now, the market looks dominantly bearish, as can be seen from the last bounce with no new higher highs, and it is currently heading towards its support line.
Maybe that's all I wanted to say, for the next step just continue to do your own research.
#PowellRemarks
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