Bitcoin
Singkat

Strong attractor to $BTC price around 88k

We can see a beautiful confluence of technicals around 88k

1- Blue dotted line; multiyear (since 2021) strong resistence trend
2- Orange dashed line; recently reseted volume-weighted average price
3- Green tick line; exponential moving average from last 200 12h periods
4- Purple arrow down; target from shoulder-derivated triangle
5- Green fine line; important multiyear Fibonacci-circle level

If this important resistence made of lots of confluences doesn´t hold, we will see the CME gap closed after price plunges to the marked orange square


Penafian