Bitcoin Fliring with Danger while BTC faces a major level of resistance, explains the merchant Jason Pizzino – Here is his prospects
Analyst and merchant Jason Pizzino emits a warning on Bitcoin (BTC) while the flagship asset of cryptography oscillates below the top of all time.
In a new strategy session, pizzino tell Its 351,000 YouTube subscribers that Bitcoin “flirts with danger” after failing to cross a level of resistance located just below the high price of all time of about $ 109,000.
“Now the market is reversed and has come and this range [between $94,000 to $105,000] seems to be relatively important because for four days, Bitcoin has not been able to close above this 50% level [at around $105,000] On the three -day swing graphic. »»
The widely followed analyst indicates that there are key support levels located below the price of $ 100,000 that Bitcoin must remain above to maintain his upward perspectives.
“Declining, you don't want to see the levels of about $ 91,000, $ 92,000 up to around $ 93,500, $ 94,000 … essentially the entire range of $ 90,000. This is the area you want to see some support. The panels at this level will only extend any type of displacement to decline and can actually weaken the global movement. ”
According to Pizzino, Bitcoin will keep its upward perspectives if the crypto King manages to keep above the main levels of support during this month.
“But if this can support these levels mainly in May, we are looking for these signals, then perhaps the valves will open.”
Bitcoin is traded at $ 102,274 at the time of the editorial staff, at around 6% below the top of all time reached in January.
https://www.youtube.com/watch?v=B7TPQ-RMBAE
Follow us X,, Facebook And Telegram
Do not miss a beat-Subscribe to obtain alerts by e-mail delivered directly in your reception box
Check price action
Surf the daily Hodl mixture
& nbsp
Warning: Opinions expressed at Daily Hodl are not investment advice. Investors should make their reasonable diligence before making high-risk investments in bitcoin, cryptocurrency or digital assets. Please note that your transfers and trades are at your own risk and that all the losses you may undergo are your responsibility. The Daily Hodl does not recommend the purchase or sale of cryptocurrencies or digital assets, and the Daily Hodl is an investment advisor. Please note that the Daily Hodl is participating in affiliation marketing.
Image generated: Midjourney
