Bitcoin (BTC): Breaking $100K / Buyers Showed Dominance
Bitcoin is back again at $100,000 zones, where price has broken the major resistance zone once again (but zone not yet secured by buyers).
As price has broken this 100k zone, we are seeing some signs of weakness kicking in, which is normal, and with further push from sellers, we might see a possible move back below the 100k.
But if we manage to form BoS on smaller timeframes, breaking the local highs, we might just as well go for the re-test of ATHs, so let's wait out and see which way we will head.
Swallow Team
As price has broken this 100k zone, we are seeing some signs of weakness kicking in, which is normal, and with further push from sellers, we might see a possible move back below the 100k.
But if we manage to form BoS on smaller timeframes, breaking the local highs, we might just as well go for the re-test of ATHs, so let's wait out and see which way we will head.
Swallow Team
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