We have seen BTC play down at the lower territory. Pulling other tokens down. People are beginning to ask, " what is the next move? Are we going down or is the bull over?"
This analysis will be quick and very simple. BTC price is currently at $118,215. Resistance at $115,868.99. if price breaks the level lower, we will have the next support at $111k price territory.
However, going by price behaviour and the chart pattern, we are still bullish on price there, meaning that if price breaks higher, breaking where you see the green tick on the figure above, at $121,622 price level, our next target 🎯 will be $127, 953, while support will be at $123,650.
If the bull leg continues, our next target 🎯 is at $132,331.37 price level, while support will be at $128,026.78, if sentiment still remains bullish, our next target 🎯 will be at $135,461.30. when price reaches the levels, we will know what next to do according to the market behaviour.
Note: These behaviours will affect other tokens also which I will make analysis on the necessary ones.
