Here is my personal opinion of scenario on BTC on 4h chart!
I think we have 2 possible scenarios right now (well most of the time we have 2 possible scenarios 😊 )
If 7871 line cant hold price and pressure, then we can expect fall down to about 6k area. I assume the price will be rebound at around 6k.
if support line 7871 holds we will see rebound and higher high at around 12968 and a new trend will start.
I think 7871 will get broken and the market will see the price at 6k area again. 😱
Please let me know your own opinion in comments! Happy to discuss more ideas.
I am happy to help you with more answers. I will soon add some more posts. If you liked my post please upvote and follow. Thank you!
I think it will go 6k then rebound.
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yup, I think you are right!
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