BitcoinLong
BITCOIN (BTC) Setting Up for One Last Dip Before 200k
Currently, BTC is about to tag the equal lows at 92.1k, but I’m not betting that level will hold. I’m more focused on the opportunity if BTC drops into the low 80ks. It might be a bit ambitious, but I’ve been waiting since the tap at 107k.
I expect this move to unfold before mid-January. By halfway through Q1, we could start to see some market strength, with a potential target of 198k for BTC.BITCOIN
BTC is about to tag the equal lows at 92.1k, but I’m not betting that level will hold. I’m more focused on the opportunity if BTC drops into the low 80ks. It might be a bit ambitious, but I’ve been waiting since the tap at 107k.I expect this move to unfold before mid-January. By halfway through Q1, we could start to see some market strength, with a potential target of 198k for BTC.
BITCOINNote
equal lows acted as support.
Currently looking for a reaction above 100k.
Looking really good for yearly open retest if the yellow block acts as resistance
BTC
Note
If it reclaims 102k. Idea is invalidated and this will most likely aim for new highs.
Being patient
Note
Following the plan. I want to go below yearly Open and reclaim the level for me to go long.
Otherwise, expect lower
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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.