Bitcoin - Playing around weak support
2024-12-26
Category: None

#BTC/USDT #Analysis
Description 
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+ Currently bitcoin is trading around its support zone of 95K and this is weak support which held and broke multiple times.
+ Strong resistance for bitcoin is around 92K, if bitcoin falls to this level, we can expect the support to hold. 
+ I'm expecting a drop in price with a wick to touch 92K and bounce back immediately. 
+ If bitcoin breaks below 92K then we can expect further crash to 80K level. 
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VectorAlgo