BTC Pre-halving play out
Good day Traders ,
On January 18, local support was broken, triggering a downturn to 38500. At the same time, bitcoin dominance was increasing, leading most ALTs to suffer. On January 27, 42K was reclaimed, and the price managed to hold above after being in a sideways phase for nearly 9 days. As of now, we are waiting for the 45k zone to act as the key resistance in play, as history has shown that before halving, there might be a big corrective waiting for the 33K zone
On January 18, local support was broken, triggering a downturn to 38500. At the same time, bitcoin dominance was increasing, leading most ALTs to suffer. On January 27, 42K was reclaimed, and the price managed to hold above after being in a sideways phase for nearly 9 days. As of now, we are waiting for the 45k zone to act as the key resistance in play, as history has shown that before halving, there might be a big corrective waiting for the 33K zone
Comment:
do or die zone
Comment:
interesting for btc reclaim 45K any daily candle close setup will be cancel , as of now nothing change still waiting down trend unless we have daily close above 48700$