Bitcoin (BTC): Breaking $100K / Buyers Showed Dominance
2025-01-07
Category: None

Bitcoin is back again at $100,000 zones, where price has broken the major resistance zone once again (but zone not yet secured by buyers).

As price has broken this $100k zone, we are seeing some signs of weakness kicking in, which is normal, and with further push from sellers, we might see a possible move back below the $100k.

But if we manage to form BoS on smaller timeframes, breaking the local highs, we might just as well go for the re-test of ATHs, so let's wait out and see which way we will head.

Swallow Team 