Hello Paradisers, BTC Analysis: Navigating a Volatile Landscape
💎BTC has experienced a sharp decline, plummeting to the 25K region and breaking its bullish support trend.
💎Currently, it's been trading sideways for about five days within the $25,180 to $26,850 range. Utilizing Fibonacci retracements, I've identified two potential scenarios for BTC's next moves.
1️⃣ First Scenario: BTC could rise to test the supply zone between $26,350 and $26,550. Following this, a significant drop could occur, reaching down to grab liquidity at lower levels before bouncing back up to test the previously broken bullish support trendline.
2️⃣ Second Scenario: BTC could directly break through the upper liquidity range and aim for the bullish support trendline situated between 28k and $28,500. After reaching this point, a steep decline could be on the horizon.
💎Both scenarios offer different risk and reward profiles, so proceed with caution.
🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV
Ngoài ra, trên:
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.