By analyzing the Bitcoin chart on the 12-hour timeframe, we can see that Bitcoin has faced a strong correction over the past few days — dropping nearly 15% from $116,400 to $98,940 in less than eight days.
After sweeping liquidity below $102,000, buying pressure returned, and BTC is now trading around $102,400.
If price manages to break and hold above $104,700, we could see a rebound toward $110K+. Otherwise, Bitcoin may continue its decline toward $95,000.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
After sweeping liquidity below $102,000, buying pressure returned, and BTC is now trading around $102,400.
If price manages to break and hold above $104,700, we could see a rebound toward $110K+. Otherwise, Bitcoin may continue its decline toward $95,000.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
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📘 Wanna Learn ICT & SMC? Get the Full Book Here : bit.ly/ICT-BOOK
⚜️ Free Telegram Channel : telegram.me/PriceAction_ICT
⚜️ JOIN THE VIP 👉 t.me/ArmanShabanTrading
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관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.