90k still strong area after 3 touches
2025-02-04
Category: None

The 90k area proved its strength deservedly, the price has touched it twice in the past and each time it returns with a strong rebound to record a new high 108k , 109k , so will we witness a third peak this time!?


I think it's still too early to make a deep correction and I think we have a new third summit coming.

In any case, the support zone of 90k is the decisive area now, if the price breaks this area, we should take precautions, but as long as we are above it this is good. 

Bottom line: the crucial point between you and the market is to break the 90k support and if that happens I think we'll see prices drop to the 80k and 70k areas .