Buyers repeatedly tried to push the price above $100,000.
The local maximum is $99,450.
The nearest key support zone comes in between $95,900 and $96,600.
While the price is moving above this zone, the primary scenario is continued growth.
The intermediate growth target is $102,000 - $102,757.
Further, we can assume based on the price reaction.
Below $94,300, this analysis is not current.
✍️It is important to note that the above post is general information and cannot be taken as specific investment advice. All investments involve high risk, especially in the volatile cryptocurrency markets. A thorough market analysis and consideration of one's own risk tolerance is essential when making any investment decision!
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A repeated attempt to go above $100,000 is unsuccessful.
If buyers hold support at $93,400 - $94,200, repeated attempts above $100,000 should be expected.
Price consolidation below $93,400 may trigger a stronger decline with targets at $88,500 and $83,030 - $82,100.
✍️It is important to note that the above post is general information and cannot be taken as specific investment advice. All investments involve high risk, especially in the volatile cryptocurrency markets. A thorough market analysis and consideration of one's own risk tolerance is essential when making any investment decision!
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