#BitwiseBitcoinETF
*DISCLAIMER*
This post mainly about my POV/personal opinion regarding $BTC . Please don't blindly follow and make sure make your trade after carefully analyse the market and follow your own trading plan.
This opinion of mine based on 4 hours time frame on $BTC chart
Based on chart, we can see price been in sideways mode, starting from thursday 19 December until today. Price keep on move up and down in range of 92,375 to 99,823. For now, there may not have strong momentum either up or down due to holidays season.
Price may reach key level 92,375 first before any indication to show where the price may headed in the nearest future. Price need to break key level 92,375 before continue to be in bearish mode. In order to continue up, price need to break key level 99,823.
Before price make any clear direction, break out of the key level needed as indication for price to headed in certain direction. My 2 cents on price may bounce back up to the ranging price after reach key level 92,375 for this coming week and may have clear direction week after.