The B.C. Rovivers Rocks Specs Priced at $93k at $93k: What’s Next?

The B.c. Rovivers Rocks Specs Priced At $93K At $93K: What'S Next?


Bitcoin (BTC) tried to close above the resistance zone last week when it hovered above $93,300. However, on Monday, the price below $85,000 was BTC.

Bitcoin four hour chart. Source: Cochastics/Trading View

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Bitcoin's failure to close above $9300 has improved to a fixed trend line with $93,000.

Without hot spot demand, Bitcoin can reach between $80,600 and $96,000 until one of the other levels declines.

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The place buyers have a sense of security

Thin spot liquidity and weak order book depth are the main faults in BACC when trying to move above $93,000. Although the dense cost – $14,000 is placed in this region, there are more than 400,000 BTS in “400,000 bits” Ochatin floor.

Despite the strong historical stock, no active pressure was found between $84,000 and $90,000. Meanwhile, many short-term bearers have the market in the low liquidity zone from $104,600 compared to their comparison.

From 2018 “From 2018” From 2018 “From 2018” From 2018 Historically, such a very dangerous table with young people have major risks.

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Business Bitcoin / StateCoin stored query. Source: Cryptoquits / x

Although the need for space is weak, the prescribed excessive diving person's copy of the driving force is manual, but currently sitting idle.

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Bitcoin can travel in front of the next form

Bitcoin is now at $96,000 (recently (the top of the immediate range)) and $80,600-$84,000 (based on Onochinat cost) floor. Liquidity continues on both sides, which means that the breakout in both directions is stimulating the mechanism.

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One day analysis. Source: Cochastics/Trading View

In terms of background, near the lower band from $ 80,600 to 84,000. $84,000 can be touched again. That can build up before re-adding, so that liquid rains on the bottomless road.

On the contrary, risk access below $93,000 – $93,000 – $96,000 can be re-entered as teas, which can lead to further correction in line with the wider range.

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Liquidity remains on both sides of the range for BTC. Source: hyblock capital

Given the current Botaroptop, the chance of consolidation of the side streets will occur on December 9-10 ahead of the upcoming Federal Reserve (FAMC). With US interest-rate policies, traders can stay abducted instead of chasing volatility with markets that hold signals rather than chasing signals.

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This article does not contain investment advice or recommendations. Every investment and business activity involves risk, and readers should do their own research when making a decision.

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