BTC H1 Breaking point
Hey everyone!
According to BTC H1 chart, currently it is facing game changing moment.
After a little growth, price is in the "layer of re-test", so basically "Bulls" would have to show a strong support in order to keep BTC growing.
Otherwise, we might see a strong "Bearish" trend for unknown period of time of they price would lock under the re-test layer.
Here are approximate nearest resistance/ support levels for both cases:
High ~8016.61 - if BTC would show strong bearish support in re-test layer;
Low ~6758.06 - if BTC would lock under re-test layer.
According to BTC H1 chart, currently it is facing game changing moment.
After a little growth, price is in the "layer of re-test", so basically "Bulls" would have to show a strong support in order to keep BTC growing.
Otherwise, we might see a strong "Bearish" trend for unknown period of time of they price would lock under the re-test layer.
Here are approximate nearest resistance/ support levels for both cases:
High ~8016.61 - if BTC would show strong bearish support in re-test layer;
Low ~6758.06 - if BTC would lock under re-test layer.
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