#BTC
We see Bitcoin after reaching 123,000, it rebounded, which is normal, but what are the possible scenarios??
They are as follows:
1- There may not be a correction, and it could be a slight rebound, and the price rises, which is a weak possibility because of the formation of a swing high and a peak, but it is not certain.
2- The price could rebound and break the inducement, forming a true peak, and correct to the order block or the previous area, giving us two entry prices as shown in the image, and the price rebounds and breaks the peak of 123,000, and we see a new peak, which is highly likely.
3- The price may drop and break the last peak, resulting in a change in direction, leading us to see another decline.
All possibilities are valid; share your thoughts on what the closest possibility is and if you are ready to enter the trade if the price reverses from the order block?
