Bitcoin (BTC): Sellers Showed Dominance, Rollercoaster Incoming?
2025-01-08
Category: None

Sellers showed a nice dominance here and those who have been keeping an eye on our channel saw that we also took a short position here. 

Now that we had this bigger rejection from the major resistance zone, we see that sellers are not yet giving up that zone so easily so as of now our next point of interest is $91K, where we expect to see some kind of support and volume from buyers. 

If buyers maintain this zone, then we will most probably re-test the upper resistance zone, but if dominance of buyers is lost there, then Bitcoin will have some good rollercoaster rides!

Swallow Team 