On December 21, sellers had a chance to make a correction. Very quickly, the price of BTC tested the critical range of $22,500-22700.
In the period from 17 to 19 December, buyers fixed the price above this range. Only after a firm consolidation did the price renew its historical high.
Given the importance of this range, we are considering 2 BTC Scenarios.
The first scenario shows that the market continues to consolidate widely in the range of $22,500-24,000. Buyers are gaining strength and preparing to storm $ 27,400. However, to consider the BTC in the long we will find only after fixing above $ 24,000.
The second scenario shows that buyers have lost the trend line and now sellers are preparing for a correction. However, a confident short can only count below $22,500. The first local target is $ 20,700.
So while the price is between the critical points you can view our Global BTC Ideas:
In the period from 17 to 19 December, buyers fixed the price above this range. Only after a firm consolidation did the price renew its historical high.
Given the importance of this range, we are considering 2 BTC Scenarios.
The first scenario shows that the market continues to consolidate widely in the range of $22,500-24,000. Buyers are gaining strength and preparing to storm $ 27,400. However, to consider the BTC in the long we will find only after fixing above $ 24,000.
The second scenario shows that buyers have lost the trend line and now sellers are preparing for a correction. However, a confident short can only count below $22,500. The first local target is $ 20,700.
So while the price is between the critical points you can view our Global BTC Ideas:
🎁 -10% on ALL trading fees OKX
www.okx.com/join/10pstrade
🔥V-I-P cutt.ly/PwkLhT56
👍Crypto activities and free💲 cutt.ly/0w9VqL2X
💰Trade here + take Bonuses linktr.ee/ps_trade
🔵Telegram t.me/pstrade_eng
www.okx.com/join/10pstrade
🔥V-I-P cutt.ly/PwkLhT56
👍Crypto activities and free💲 cutt.ly/0w9VqL2X
💰Trade here + take Bonuses linktr.ee/ps_trade
🔵Telegram t.me/pstrade_eng