MaxBtc
$BTC pulled back hard and I'm watching as the chart is finally starting to calm down after that rapid drop. Sellers tried to break the level again, but the price held above 89050, and that's the moment when the pressure started to lose its strength. When a move slows down right at a key support, it becomes possible for the market to react upwards because the imbalance below has already been resolved. I'm seeing cleaner candles, tighter bodies, and slower momentum, and that's exactly what tells me this zone could act as a short-term demand point.
ENTRY POINT
89180 to 89320
TARGET POINT
89740
90
ENTRY POINT
89180 to 89320
TARGET POINT
89740
90
BTC3.72%