BTC got rejected from the $28k resistance level as expected and this rejection has brought the price back to $26.8k. Now, the upcoming possible move could be BTC reaching down toward $26k and then bouncing back. Failing to hold the $26k support level could be disappointing.
Key points:
1. Drop levels: $25.8k to $26.3k.
2. Invalidation level: A breakdown and close below $26k.
3. Positive move: A bounce back from the drop level.
Trade safely.
Key points:
1. Drop levels: $25.8k to $26.3k.
2. Invalidation level: A breakdown and close below $26k.
3. Positive move: A bounce back from the drop level.
Trade safely.
BTC Update:
Looks like we are in the zone once again. Let's see if this time BTC can hold the support level or breaks down below it.
Trade safely.