Bitcoin Closes Below POC Again: Bearish Trend Incoming?

٨ فبراير

🚨 STAY ALERT🚨

#Bitcoin has closed one more daily candle below the Point of Control (POC), which conforms to a potential bearish trend ahead towards the lower levels.

Stay tuned and follow for more updates.

١١ فبراير

تم فتح الصفقة

#BTC Price Update

Bitcoin is showing resilience after rebounding from the key support at $93,000, which aligns with the 100 EMA, providing a strong base for price movement.

The recent price action has pushed towards the resistance near $100,000, reflecting strong buyer interest.
BTC needs to break and close above the All-Time High resistance to confirm more bullish trend.
If it fails to do so, caution is advised, but as long as the support holds, the market structure favors the bulls.

DYOR, NFA