Don’t drop more than $103K after the latest, check forecast
key atways
BTC is trading 103% above $103K in the last 24 hours.
The coin may have more volatility that weakens institutional demand.
Bitcoin Revels $103K
Bitcoin price broke above $100k on Wednesday after the key support level of $100k. It will cost around $103K. Short-term recovery
In addition, the criminal data shows that after the $100K psychological level is failed, Biracon may come under further selling pressure. In the report on Wednesday, the price of Bitcoin is currently moving towards a critical support level, which can trigger such a ship correction.
The report says that if there is enough selling pressure in the near term, it will be at $100 per kg.
Bitcoin may support the $100K support level again
The BTC/USD 4 hour chart is down from 8.18% on Tuesday after showing respect for the broken trend earlier this week. Before retrieving the $103k level on Wednesday, Bitcoin again supported the 50% arger level at $100,353 from $50,353.
At press time, Bitcoin is trading around the $103K range. 38 Meaning 38 Meaning Bincon is still under selling pressure from the MACD lines as well.
The support level above $100,350 may take it to the next resistance level at $106,435 in the coming hours and days. An extended vine makes them take a weekly peak of more than 109 kg.
However, if the support level fails to hold, Bitcoin may decline to the next daily support at $97,460. Further downward movement of BTC trading from 90 KM. $ 90. For the first time in six months.
