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BTC Analysis 31/12/2024
Alhamdulillah ❤️,
Yesterday we analysed $BTC chart and marked $95,700 level as next expected price action of #BTC☀️ . Here is next expected price action of # Bitcoin❗
Look at #Bitcoin❗ 15 minute TF chart. Current price $95,300. Looking bearish. Here is reason why?
Selling climax formed (enclosed in green horizontal lines) with upthrust. That is clear indication of bearish market.
After selling climax multiple candle formed with avg+ volume but candle is not moving upward showing selling from Smart Money.
Most of liquidation are now present in downward direction. So maximum probability is that #bitcoin.” move downward to liquidate them.
After combining all things we can say that BTC will move downward UpTo $93,800. If there is no support then it can go more down like $92,080 level. We will analyze chart again once it hit $93,800 and will share with you.
Note:- We are not much confident on this analysis as compared to past. So, pay attention to it and avoid to trade on this analysis.
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