🐝 $BTC UPDATE
This is the most detailed #Bitcoin review I’ve made in a while. Let’s begin.
As you can see from the chart, there are two scenarios of the further price behavior, the one will be determined within the next 3 days.
In fact, it is simple: either the price manages to break through the $100,000 resistance and reclaim it OR we spend days in the chop above the $96,100 support.
The more time we spend below the resistance — the lower chances of success bulls have. The more time we spend below $100,000 — the weaker $96k support becomes.
And this TIME is DIFFERENT! I don’t think that the $92,000 support can survive another dump. If we break the $96k one now, more likely we will go to $85,000 almost instantly.