Bitcoin (BTC): New Day New ATH!! = possible liquidity hunting!
2024-11-12

Bitcoin has broken all the zones and still keeps on pushing. 

At this point it is hard to predict a possible resistance zone for bitcoin as we don't have any liquidity on upper zones as of now and people are all in on buys. 

Despite that, there is one resistance zone at $100,000 (which we call a psychological resistance zone).

This 6-figure number is like a meme for Bitcoin and will be reached sooner or later (especially since we are so close to it). 

Never the less, we also see that from the previous ATH zone, we have broken nicely all the zones, but yet we did not secure them! 

With that being said, we are looking for 2 possible scenarios here where both should end up re-testing the broken zone at $71K after what we should see another parabolical movement to upper zones to test the ATH zone!

Swallow Team 