BTC bull and bearish scenario
BTC price had broken through the horizontal resistance (red rectangle) and currently consolidating around its long-term resistance line (blue rectangle). Rejection from this zone is quite possible so it can retest the next support level which is the 18K-15K zone (red rectangle).
A bump below 14K zone will be bearish for BTC.
A bump below 14K zone will be bearish for BTC.
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