For this exact reason, you will need to stay a little calm if there is a movement in the price of Bitcoin (BTC).
A great movement for some altcoins today, but there is a strong rejection at the critical resistance level for Bitcoin.
Again, it is the week of the Federal Open Market Committee meeting, which usually tends to have a slight inclination or risk appetite before the actual meeting.
Rejection, I would prefer to see a higher low forming on Bitcoin (BTC).
And what if that doesn’t happen?
Exactly, this is the moment I expect a breakout of the lows and to maintain the level of $86,000, which is the last support level before testing the lows.
Three critical levels:
- Higher low here.
- $86,000.
- $80,000 area.
Please follow up
BTC
92,942.68
+2.33%