Bitcoin is in an important decision zone!
At the moment, a widening would be better, which would give better conditions for a bullish impulse movement, followed by the strengthening of the support zone. However, the price is below the POC and below this there are liquidity zones between 12k and 10k, and the GAP of these areas has not yet been closed since the last high rally and to better support this argument, I also consider the significant gain in volume traded since May of this year.
Always remember that the market is year round and does what it wants. Therefore, this is just a speculative idea of mine and should not be considered as investment advice.
Gratitude
At the moment, a widening would be better, which would give better conditions for a bullish impulse movement, followed by the strengthening of the support zone. However, the price is below the POC and below this there are liquidity zones between 12k and 10k, and the GAP of these areas has not yet been closed since the last high rally and to better support this argument, I also consider the significant gain in volume traded since May of this year.
Always remember that the market is year round and does what it wants. Therefore, this is just a speculative idea of mine and should not be considered as investment advice.
Gratitude