BTC structure is still healthy unless we lose 97K
Waiting for a sweep into the CME gap + weekend stops between 103.2K / 103.98K. Patience. 🤗
In about an hour, the New York Stock Exchange will open, and during this trading session, Bitcoin's behavior may change:
❄️ First: We agreed last night that the new range for Bitcoin lies between 104 and 93,700.
❄️ We have a CME Gap above 103,200 up to 103,800 that Bitcoin may visit during the stock session or during the evening session. From there, it will likely experience weakness and drop below 100,400.
This is regarding the upward area that Bitcoin is likely to visit. Now we come to the downward areas that are also likely to be visited 👇
❄️ The maximum downward area on small and medium time frames is between 98,200 and 97,850. This area simply contains buy orders and liquidity, and we should see a rebound for Bitcoin and it rises again.
This analysis is specific for today only during the New York session and also until the evening session.
❄️ First: We agreed last night that the new range for Bitcoin lies between 104 and 93,700.
❄️ We have a CME Gap above 103,200 up to 103,800 that Bitcoin may visit during the stock session or during the evening session. From there, it will likely experience weakness and drop below 100,400.
This is regarding the upward area that Bitcoin is likely to visit. Now we come to the downward areas that are also likely to be visited 👇
❄️ The maximum downward area on small and medium time frames is between 98,200 and 97,850. This area simply contains buy orders and liquidity, and we should see a rebound for Bitcoin and it rises again.
This analysis is specific for today only during the New York session and also until the evening session.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
103,914.11
+4.59%