#EthereumFuture #BTC tonight if I can't get in, I have to cut the bloody weekend. leave the blame for setting the order and then sleeping, there is no stupidity that is the same as another stupidity
#FollowTheLeadTrader $BTC BTC Analysis March 14: Possibility of Further Decline Without Breaking Resistance
BTC continues to move according to the previously analyzed scenario, with a recovery to the important resistance zone of 84,000 - 86,000, but has not yet broken the downtrend line. If BTC cannot break through this zone, it is likely to continue the downtrend to 73,000.
Points we need to pay attention to:
👉Important resistance: The 84,000 - 86,000 zone coincides with the downtrend line, needs to be broken to confirm the uptrend.
👉BTC is rejected at resistance, the scenario is to fall to 78,000, even 73,000.
👉RSI is below 60, showing that the momentum is not strong enough to confirm a sustainable uptrend.
The trading plan for us is as follows:
👉Wait for breakout confirmation: If BTC breaks above 86,000 with high volume, we can consider a trend reversal to the nearest zone of 92,000
👉Continue the downtrend: If BTC is rejected at the resistance zone, we can consider a short position with a target of 73,000.
Watch the price action in the resistance zone before deciding to trade.
Who will attend President Trump's crypto conference at the White House on March 7? Here is the latest list.:
– From the Crypto Market (Confirmed to attend) Michael Saylor – Founder of Strategy David Bailey – CEO of Bitcoin Magazine Matt Huang – Co-founder of Paradigm JP Richardson – CEO of Exodus Kyle Samani – Managing Partner at Multicoin Capital Zach Witkoff – Co-founder of World Liberty Financial (linked with Trump)