#Bitcoin# #BTC# It is essential to close the week above 103.360. The candle for next week also needs to be green. The second condition is that there should be a movement above 111.800 after Monday. Then we can say this job is done, we are turning back.


This week's critical support level is 103K, while the most critical support level for next week appears to be 98K.

A volume above 116,400 in the market will eliminate the bad scenario.

The worst-case scenario is the white trend test shown in the 3rd image. It is too early to talk about this, but losing that trend could put us into at least a 1-year bear season. We definitely do not want that.
BTC0.99%
View Original
post-image
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
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)