#Binance

WARNING: $BTC 1H - We are currently seeing a profile-P in Bitcoin again and some volume spikes that may also act as support levels.

If we cannot break above the Point of Control (PoC) and the price is not accepted above it, we could move down and potentially land in the range of 100k to 101k.

This area has been marked with orange arrows.

Additionally, we need to stay alert to the important economic data releases today, as they may trigger further movements depending on the results.

However, if we manage to break above the PoC, it is more likely that #bitcoin will close the fair value gap above and continue the upward movement towards the highs marked earlier in the week. #BTC #price #analysis

$BTC