↗️ BTC price is trading below the important $80,000 level. If the price fails to consolidate above this level during the local growth, there will be another decline with the aim to reach liquidity levels below $74,600. At the moment of reaching these levels, the price may show a good reaction and start a sharp rise. The first main target for growth is to break through the level of $80,000, the second target is to reach the FVG 2h zone in the range of $85,600 - $87,800.
If the BTC price breaks the $80,000 level on the first attempt, the upward movement will continue without a correction to liquidity levels.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
💰 $BTC Review/Analysis:
↗️ BTC price is trading below the important $80,000 level.
If the price fails to consolidate above this level during the local growth, there will be another decline with the aim to reach liquidity levels below $74,600.
At the moment of reaching these levels, the price may show a good reaction and start a sharp rise. The first main target for growth is to break through the level of $80,000, the second target is to reach the FVG 2h zone in the range of $85,600 - $87,800.
If the BTC price breaks the $80,000 level on the first attempt, the upward movement will continue without a correction to liquidity levels.