BTC has lost momentum after breaking above its previous high but failing to retest that level. With the $91,500 support now broken, the trend shows signs of weakness.
Unless BTC reclaims $91,500 on a weekly close, I expect a move down to the $69K -
73K zone (marked in red). This level aligns with a key breakout area that hasn’t been properly tested. A retest here would be a logical step before any potential continuation upwards.
I’ll be watching for bullish reactions in this range before considering long positions. What do you think—will BTC revisit this level, or are we heading for an even deeper correction? Let me know your thoughts! 🚀🔍
Unless BTC reclaims $91,500 on a weekly close, I expect a move down to the $69K -
73K zone (marked in red). This level aligns with a key breakout area that hasn’t been properly tested. A retest here would be a logical step before any potential continuation upwards.I’ll be watching for bullish reactions in this range before considering long positions. What do you think—will BTC revisit this level, or are we heading for an even deeper correction? Let me know your thoughts! 🚀🔍
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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.