BTC 3 possible Scenarios 
2024-12-22
Category: None

Btc has rallied down to touch support which is @ 92,000 it’s a very strong area which is holding price quite good. The way btc rallied down makes traders panic but it’s the way btc move. I’ve been trading btc since 2021 and have seen these type of situation several times there’s nothing to be panic about. And please try to zoom out chart and trade on daily or 4hr tf. BTC respects support and resistance levels of htf.

Trade 1: if BTC holds support @ 92,000 on daily timeframe than Long with target @ 99,000.

Trade 2 : if BTC breaks resistance @ 100,000 than Long with target @ 105,000.

Trade 3 : if BTC breaks Support @ 92,000 than it will go down to touch support @ 75,000.

It’s holiday season so avoid trading.