📊 Daily Bitcoin Analysis 📊
- Most of our predictions played out yesterday.
- We saw $BTC breakdown and capture the liquidity just below 93k before bouncing and capturing liquidity above 95k.
- It continues to chop within a range and stay below the 0.618 Fib/horizontal resistance.
- The RSI and StochRSI are also still crossing to the downside.
- My stance remains the same. If we close the daily above 96k, I'm targeting 100-105k. If we close below 93k, I'm targeting 88-90k.
- Until then, use this chop to your advantage and bet on strong alts at major support. That has continued to work for us thus far.
Major resistance is 95k, 100k, 106k, and the 108k trendline.
Major support is 88-90k, 86k, 83k, 81k, 77-78k, and 72-74k.