๐ฉโ๐ป REVIEW BITCOIN
State of affairs is following: BTC bears put a lot of limit sell orders and so far bulls have enough power to absorbe them! Now the question is who have more money: agressive buyers or conservative sellers?
If bulls are stronger, $97500 is my low timeframe target. That way, bears will step in at $97500 level and we'll watch another fight.
If bears absorb all of bulls buys and keep the price below $94k, I expect a lower high - lower low structure with a continuation towards $88500 and then to $84k.
๐งข Let's see what we get!