#Bitcoin Analysis & Updates -

Now, Trading of $BTC around $88.9k approx.

Today $BTC break out Support of $89k & reached out approx $88.2k, after 100 days of SMA / MA from 17th November 2024.

It's first time goes below to $89k of strong support level and now still waiting for some little bit more dips around second level of Lower-Low Cut-off point on support for $87k to $85k approx. (already posted into my weekly chart, 10/12 days ago...)

As per my Weekly Chart Analysis, already posted previously too and quoted below..

There will be two reversal points here,

Now $87k-$85k & $83k-81k..

But,

If its break out last Lower-Low point is $81k approx, and it is also the correction wave point too, if it's break out, then #BearishZone starts here in very early stage this time...

So, as per me and chart too..

Majority of chances, $BTC takes its reversal before $87k-85k soon...

Don't be panic,

it's another opportunity for next ride as per Given below chart too before next big #Bullish cycle...

......... To be Continued.....

Check out my previously posted charts of weekly analysis, that describes here today's scenario of Bitcoin market, already told 2 weeks earlier... Anyways...

As well, always #DYOR and Trade with StopLoss in Crypto Currency.

Also it is #Write2Earn topic too..