We said Bitcoin is on its way to these levels and it has been
Mrwildafendina
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Hello everyone Of course, everything witnessed the massacre of the past few days But the massacres of cryptocurrencies are expected Because the market relies on liquidation and removing small players Let's analyze the Bitcoin chart on the 4-hour timeframe Has the correction ended and now there is an upward trend? Or is the downward path continuing to larger lows? As you can see in the picture The bullish scenario now has 4 lines to break in order to confirm the return to the upward trend 1 - Easy resistance at 82900, which has already been reached and the price is currently trading above this resistance 2 - Medium resistance at 86500, which is also a resistance that is not difficult to break So it is expected that Bitcoin will initially test these levels And this does not indicate at all that the downward path has ended 3 - The pivotal resistance at 89600 Breaking it will require testing the harder resistance, which is unlikely for Bitcoin to break at the moment, and that is 4 - The resistance at 95000, from which the chances of Bitcoin bouncing back and returning to decline are very high At this resistance, there will be a lot of talk about soaring into the sky and reaching 150 thousand So be careful, my friend Do not be the prey but be the hunter 😉
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