#BTCUSDT — A month of sideways volatility... What's the next step? 👀📊
On the weekly timeframe, the price of #البيتكوين (#BTC ) has fallen from the ascending wedge level and has been fluctuating for nearly two months within the range of $86,000 to $94,000.
This is not a good sign, as it indicates that buyers are struggling to push the price higher.
The price may retest the ascending wedge SBR level at $98,000 to $100,000 on the weekly timeframe. As long as #Bitcoin cannot regain this level, the risk of rejection and decline remains more likely 📉 Confirmation: #بيتكوين regains the $100,000 level and stabilizes above it ✅ $XRP $BTC $ETH
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BasheerAlgundubi
· 12-29 13:09
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This is not a good sign, as it indicates that buyers are having difficulty pushing the price higher.
#BTCUSDT — A month of sideways volatility... What's the next step? 👀📊
On the weekly timeframe, the price of #البيتكوين (#BTC ) has fallen from the ascending wedge level and has been fluctuating for nearly two months within the range of $86,000 to $94,000.
This is not a good sign, as it indicates that buyers are struggling to push the price higher.
The price may retest the ascending wedge SBR level at $98,000 to $100,000 on the weekly timeframe. As long as #Bitcoin cannot regain this level, the risk of rejection and decline remains more likely 📉
Confirmation: #بيتكوين regains the $100,000 level and stabilizes above it ✅
$XRP
$BTC
$ETH