BTC gradually consolidated upward throughout yesterday. At this price level, there’s not much to see. I will wait directly for the 0.618 level to assess the situation before making a move. Today’s outlook Bullish The support zone from yesterday was not triggered for a long position, so I will hold off on going long for now. Because if the price now reaches the support, it could be risky; a decline and retest could lead to even lower levels. We can observe further developments then. Bearish (monitor which signal appears first) 1. Around 92216 2. Resistance zone between 89756-90180
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BTC gradually consolidated upward throughout yesterday. At this price level, there’s not much to see. I will wait directly for the 0.618 level to assess the situation before making a move.
Today’s outlook
Bullish
The support zone from yesterday was not triggered for a long position, so I will hold off on going long for now. Because if the price now reaches the support, it could be risky; a decline and retest could lead to even lower levels. We can observe further developments then.
Bearish (monitor which signal appears first)
1. Around 92216
2. Resistance zone between 89756-90180