🪙 $BTC
Timeframe: H8
As of today
The zone $95,000 - $90,000 is quite important for the seller, as the number of bounces from this threshold is overwhelming, therefore, this is a working level.
Thus, we may get a repeated rejection from it, but it will be important not to collapse from it, as happened in early March when the price was driven down to 76k afterwards,
it will be important to form supports higher upon rejection, which will indicate a weakening of the seller already based on the price, not on metrics...
This fact will confirm all bullish formations for altcoins.
Conversely, some altcoins may still draw bullish divergences for some time.$BTC
Do you agree with me?