$BTC Latest Bitcoin Update 🪙
$BTC is currently moving up and down within a specific box range. The important support level below this box is $100,000. There is a lot of liquidity at this level, meaning there is a high chance of a big move.
⭕ If $BTC reacts (bounces) at the $100,000 level, then there is a possibility of going up again to $110,000.
⭕ However, if the $100,000 level breaks and the daily candle closes below this level, then there is no strong support until $95,000. The price may go that way.
⭕ Now is a time of news, so many times technical analysis does not work. Still, according to this chart, in my opinion, if the $100,000 level cannot hold, then bullish (upward) thoughts will be canceled.
⚠ Be cautious, trade according to risk management.
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