BinanceMaster ® ( Futures / Spot )
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There;s isn;t any major change in #Bitcoin now. Price only rejected from the rejection area as mentioned and still dropping slowly. Now there;s two scenarios. Either price till take support from the top of the consolidation range around ;23,350 or move all way down till bottom ;22,450.
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Analysis of #OP : #OP made some aggresive move after the large consolidation over the major support level of ;1.98 - ;2.08. Price is expected to drop till the strong support zone of ;2.41 - ;2.49. This support remain valid until price prints new Higher High. Nothing as of now, just be alert on mentioned levels.
#BITCOIN WEEKLY UPDATE : #BITCOIN perfectly tapped out the resistance/ obstacle as mentioned. Price rejected nearly 7% from there. Still, the Market Structure in maintaining throughout 4H TF and above. Be alert on market, this could be the reversal point. Hoping for a break of this level. A daily candle closure must required for confirmation 🚀
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