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
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⚜️ JOIN THE VIP 👉 t.me/ArmanShabanTrading
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