$BTC However, on the 1-hour timeframe, the price shows short-term bearish behavior, after just being rejected from the resistance level. If the current pattern holds, we could see a further decline of about $10, which could potentially bring the price down to the range of $122.
For long-term investors, this is a promising entry signal. For those looking for a better entry, consider accumulating around the $126–$128 level.