$BTC Update (LTF)


Despite ongoing conflict, Bitcoin has
held the triangle support remarkably well so far.
Scenario 1:
If support continues to hold, a move toward triangle resistance is expected.
A breakout above could open the path toward the $70–71K critical level.
Scenario 2:
Losing triangle support would likely lead to a move toward the $58–60K zone, from where a bounce and another attempt toward $70–71K remains probable.
POV:
The market has already reacted to the outbreak of war. In my view, most of the immediate damage is already priced in, unless the situation worsens further.
BTC-0,21%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin