Lingrid | BITCOIN quick SELL-OFF from the RESISTANCE zone
2025-01-13
Category: None

BINANCE:BTCUSDT  market is currently moving sideways, and I think it may continue this trend until the presidential inauguration. Additionally, the price has formed an ABCD pullback from the all-time high, with the D point completing around the support level of 86,000. The market has tested the 91,000 support level three times; however, there’s a possibility that the price may break through towards 90,000 on fourth approch, given that it is consolidating just above this level. I expect the market to dip below the psychological level of 90,000 in order to seek liquidity for a more bullish move in the near future. My goal is support zone around 87,000


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