What's next Bitcoin?
2025-01-08
Category: None

In my previous posts, i highlighted:  CRYPTOCAP:BTC  price is in distribution zone and #btcusd has been having bearish retests. The 3rd bearish retest succeeded with yesterday's dump and clear declination may bring #btc price to major support zones. In the chart, i showed the #btcusdt support zones. The ellipsis zone is the ichimoku span and dEMA100 support. A strong support but in case if maker breaks that support, the next one is red box where dEMA200 support and also CME #bitcoin futures GAP is waiting to be filled. If BTC price reclaims the parallel channel, this supports will wait longer and this will be the "temporary" invalidation. Not financial advice. 