Bitcoin's Resistance test could spark Market-Wide drop.
BTC is currently testing major resistance zone.
A level where market sentiments often shift sharply. The A1000x resistance level are positioned at 118,995 and 119,204 while the nearest critical support is at 116,459.
$cenario 1 - Bearis outlook
If we see multiple rejections at this One, it could trigger a sharp downside move with most alt pairs likely to correct 3-4% or more. Such reaction often occurs when traders lock in profits and short positins start piling up.
$cenario 2 - Bullisg breakout
If Btc break above this resistance, buyingmomentum could pushtoward the next Hidden A1000x reasistance at 120,540.This level could act the next decision pointfor bulls and bears.
#BTCUSDT #bearish #Reversal
BTC is currently testing major resistance zone.
A level where market sentiments often shift sharply. The A1000x resistance level are positioned at 118,995 and 119,204 while the nearest critical support is at 116,459.
$cenario 1 - Bearis outlook
If we see multiple rejections at this One, it could trigger a sharp downside move with most alt pairs likely to correct 3-4% or more. Such reaction often occurs when traders lock in profits and short positins start piling up.
$cenario 2 - Bullisg breakout
If Btc break above this resistance, buyingmomentum could pushtoward the next Hidden A1000x reasistance at 120,540.This level could act the next decision pointfor bulls and bears.
#BTCUSDT #bearish #Reversal
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BTC
115,831.21
-1.44%