As mentioned in our Sunday update, we said if Bitcoin holds above $110K, a move toward $115K–$117K is possible, and that target has been hit perfectly. Now the market is turning bearish again. We are still in a bearish structure, and a move below $100K remains our main target.
There’s support around $107K–$108K; if Bitcoin holds this area, some sideways movement is possible, but overall, our structure remains bearish.
FLM ,
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
