Bitcoin (BTC): Price Broke $100K / Dangerous Zone!!
2024-12-05

Bitcoin has broken the threshold of $100K, which has been a major zone to be accomplished (6 Figure Price).

Now that we have reached this zone, which has been acting as a magnet with 4 failed attempts to break it fully, we have done it now, but what does it mean?

Well, major resistance has been tested and reached and now we are expecting to see a re-test, which we want to see fail and lead price back to $94K.

Once we see the price reach this zone, we will be looking for a proper MSB (market structure break), which would then result in the long-waited final correctional movement that we have been waiting for. 

Now don't rush into trade as this setup needs more confirmations, so we wait 😉

Swallow Team 