#BTC
— The market is calm, which often precedes an impulse.
— The price has bounced off the resistance at $109K.
— Sellers are pressing towards support and 50DMA at $105500.
— A test of the 200DMA at $104K is likely — we are looking for buyers' reaction and long signals there.
— Sellers are active at $2500, but the chart looks stronger than BTC's.
— A breakout upwards is possible when pressing towards resistance.
— A repeated test of $2400 without a quick buyback — the risk of going away is lower.
Details in the video. Enjoy watching.
