BTC There are strong demand areas in blue extending approximately from 100,000 to 90,000
There is a possibility of the price returning to one of the demand areas to collect liquidity and then rise again
Possible scenarios:
In case of a clear break of the Weak High and a daily close above it:
We expect the rise to continue towards 130,000 – 140,000 or more.
In case of strong price rejection at this level:
A correction towards the first demand area near 110,000 – 107,000 may occur to gather momentum.
The strongest support currently is the area of 100,000 – 90,000, where there are liquidity clusters and previous reversal candles
BTC
119,092.97
+1.48%
