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P4PROVIDER WILL WIN!
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BTC.D is increasing so ALTs may bleed more, if BTC.D rejected from this point 62 63 them Alts may recover. golden rule ๐ฅ No SL No Trade
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Boooooom ๐ธ๐ธ๐ฅ๐ฐ๐ฐ๐
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#BTC Bitcoin (BTC) is struggling to break through the resistance zone near $95,000โ$96,000. Multiple attempts have been made, but each time sellers are stepping in, causing rejections. ๐น Price Structure: BTC is forming a rising wedge โ typically a bearish pattern suggesting potential weakness. Price action inside the wedge shows higher lows but resistance holding firm, meaning bulls are trying but not strong enough yet. Red circle area highlights a key zone where bulls pushed but got absorbed by selling pressure. ๐น Volume Analysis: Decreasing volume during this wedge formation indicates buyers are losing strength. If bulls were strong, we would expect rising volume with price. Volume Profile (on the right side) shows thin support levels below current price, meaning if BTC drops, it could fall quickly. ๐น Key Support Levels: Strong support visible around $83,000โ$84,000, based on high volume node and previous structure. Major liquidity sits lower, making this an attractive pullback target if rejection continues. ๐น Conclusion: If BTC breaks down from the wedge, expect a sharp move toward the $83,000โ$84,000 zone. If BTC successfully breaks and closes above $96,000 with strong volume, it could trigger a bullish continuation.$BTC
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Don't be rush, spot Trader must hold for long term. patience = Profit. key levels are $112.12 to $106. either it will go further down side no worries for spot traders. DCA
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