Affected by sudden news factors, the Bitcoin market has seen sharp fluctuations. The price started a significant downward trend from the $108,900 level and has dropped to around $104,000 as of now. This decline has caused Bitcoin to break through multiple key support levels.
On the daily timeframe, the originally important support range of $106,000 - $107,000 was easily breached, with market bearish forces gaining absolute dominance. Bitcoin is facing significant downward risks and is highly likely to continue falling to test the crucial psychological level of $100,000.
you are currently struggling with losses,or are unsure which of the numerous trading strategies to follow,You have the option to join our VIP program. I will assist you and provide you with accurate trading signals, enabling you to navigate the financial markets with greater confidence and potentially achieve optimal trading results.
Trading Strategy:
sell@104000-104500
TP:102000-1025000
On the daily timeframe, the originally important support range of $106,000 - $107,000 was easily breached, with market bearish forces gaining absolute dominance. Bitcoin is facing significant downward risks and is highly likely to continue falling to test the crucial psychological level of $100,000.
you are currently struggling with losses,or are unsure which of the numerous trading strategies to follow,You have the option to join our VIP program. I will assist you and provide you with accurate trading signals, enabling you to navigate the financial markets with greater confidence and potentially achieve optimal trading results.
Trading Strategy:
sell@104000-104500
TP:102000-1025000
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.
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.