The price 26737$ stands as a resistance to break, where BTC has 200 ema on 4H tf and on Daily TF
Shorts are in Priority right now
We can expect now 2 scenarios.
1. BTC comes to 26000$ price level and bounces from 2D FVG level.
2. BTC breaks below 26000$ price level and continues to dump towards to 25450$, which will be the last support level for BULLs.
If we see the 2nd scenario, in this case Alt coins will blood more.
Shorts are in Priority right now
We can expect now 2 scenarios.
1. BTC comes to 26000$ price level and bounces from 2D FVG level.
2. BTC breaks below 26000$ price level and continues to dump towards to 25450$, which will be the last support level for BULLs.
If we see the 2nd scenario, in this case Alt coins will blood more.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.