Bullish resistance at $10500 range. Break the resistance we can see $11-12k again. Break this it will go to a bull rally. Fail to break $10580 range resistance we can see first support at $9500 range afterwards $8600 range support.
Current Market shows resemblance to our Analysis above and we should have a key lookout at $10500 - $10600 range. Although most are optimistic that we are at a brink of breaking Major Resistance and move forward to a Bull Rally, we have to consider the downside possibilities that are still open on the table such as the World Economy, Pandemic, Alt vs BTC Dominance to name a few. My Master Analysis for BTC remains towards the downtrend market for Bitcoin long term although this new month opening and the coming ones is crucial to shift the market sentiment from Bearish to Neutral (As what it is currently doing) and finally shift back to a Bull Rally.
shukranbonaparte
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Hi Guys! thank you for liking and commenting! I have no idea that some of my Analysis ( which is briefly, in summary, was published publicly! haha) I'm new to posting and glad that you guys appreciate it! Let me know if there's any other analysis you want me to chart on. Speak to you all soon!
CryptoCheck-
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Bitcoin Is About To Breakout And Explode Higher 20k TARGET
CryptoCheck-
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Nice work
Phi-Deltalytics
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Thanks for sharing!
I think a short-term downward pressure is due. For both bullish and bearish wave counts, we are currently traveling in a flat with 1:1 extension at 9.6k and 1:1.618 extension at 9.9k. BTC is at heavy resistance zone.
Check out our wave count.