BTC Testing Key Support for the 8th Time, Breakdown Ahead?

Hi guys!
BTC has tested the same support zone eight times around the $110,000 – $110,300 range (highlighted in green).
Repeated retests of a support level often signal weakening buyer strength, increasing the probability of a breakdown.
If the price manages to break below this zone, the next key support lies around $106,430, which could be the next target area for bears.
BTC has tested the same support zone eight times around the $110,000 – $110,300 range (highlighted in green).
Repeated retests of a support level often signal weakening buyer strength, increasing the probability of a breakdown.
If the price manages to break below this zone, the next key support lies around $106,430, which could be the next target area for bears.
Proud ThinkMarkets Ambassador -> Discover & Grow: bit.ly/Think-Markets
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My recommended Exchange -> YEX: bit.ly/YEX-M
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Telegram channel: t.me/melikatrader94
Forex channel: t.me/melikatrader94GoldForex
------
My recommended Exchange -> YEX: bit.ly/YEX-M
------
Telegram channel: t.me/melikatrader94
Forex channel: t.me/melikatrader94GoldForex
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As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Proud ThinkMarkets Ambassador -> Discover & Grow: bit.ly/Think-Markets
------
My recommended Exchange -> YEX: bit.ly/YEX-M
------
Telegram channel: t.me/melikatrader94
Forex channel: t.me/melikatrader94GoldForex
------
My recommended Exchange -> YEX: bit.ly/YEX-M
------
Telegram channel: t.me/melikatrader94
Forex channel: t.me/melikatrader94GoldForex
Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.