Daily Bitcoin
chart review Bitcoin price action is dead. No volume and no movement. While that happens some shitcoins are pumping, but in general we should wait for the King's move. Resistance zone above tested and rejected price. Middle around 27.9k and bottom at ~27k
Most probably, if price go down to the middle it will continue towards the bottom. Imagine if that dip won't give enough liquidity. In this case whales will have to push price towards stops below ~26.6k and that will trigger impulse move on liquidations. These dips are for buying.
Bearish scenario can be canceled if BTC manage to find acceptance above 28.5k - that may lead to re-test of 29k and breakout to 30k
4H EMA987 at 22576 EMA55 at 27901
28950 - 30100 - 31800
27956 - 27400 - 26590
F&G: 63 < 61 < 63 < 60 < 57
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Discounts: ByBit | Binance
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