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Technical analysis by Orriginal about Symbol BTC on 5/28/2025

https://sahmeto.com/message/3560962
Orriginal
Orriginal
Rank: 496
3.1
،Technical،Orriginal

Been warning you about this Fib circle coming up and now we know it is resistance... but how strong ?We do not know just yet but we can lok to the left to see what happened last time.Over pn the left, we can See PA droped for 7 days bwfore breaking away.This could happen again and support is below.The 4 hour chart gives us a better insighthttps://www.tradingview.com/x/bMNjDmxn/PA has already found the first line of support and we currently have a small green candle.Further support below at 104700 and 101700If they fail, we have the 2.618 Fib extension at 98200 - This should be a strong line of supportIf that fails, there is ther support and I will talk abou tthat when the time comes.It is wise to be cautious with Bitcoin right now as the 4 hour and Daily MACD are Bearish.This could change anytime and the Bullish "Sentiment" still existsBitcoin Dominance is dipping again but has the strength to bounce, so be cautious with the ALTShttps://www.tradingview.com/x/qdMRDSdR/More Soon

Translated from: English
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Signal Type: Neutral
Time Frame:
1 day
Price at Publish Time:
$107,705.71
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