BTC landed on important support. Today we may expect it to bounce back to previously broken SR at ~9200-9300. What happens next depends on how bullish will be that bounce and retracement after it. Looking at bigger picture in case of bearish scenario Bitcoin may easily fall to 8500-8600 and in one more week to 7700 (if 8k won't hold the dump). But if current bounce will give some volume, King may avoid that bearish retracement and stay above 9k. For now trade range stands at 8800 - 9300.
Yesterday post: (if) 9200 support break down and price drops to the next support levels at 9100 / 8900 ✅
Resistance: 9100 - 9230 - 9400 - 9600
Support: 8900 - 8740 - 8630 - 8540
😱 Fear & Greed index: 42 (<= 49 <= 52 <= 50)
👑 BTC Dominance: 66.2% (<= 66.6 <= 67 <= 67.1)
⚙️ 24h Volume: $127 billion (<= 118 <= 122 <= 127)