Important update for Bitcoin Before today's disasters, we ha
WA7CRYPTO
Updated at: 7 hours ago
{"content":"Important update for Bitcoin Before today's disasters, we had negative news from Japan and negative news from the US and Europe. It is possible that before the monthly close, the market will start to panic abnormally, but with the opening of the Asian markets, we may see a reversal or another decline. I also see Bitcoin failing to rebound from the 109,100 area. It is possible that it will return to the support areas of 107,600 or the support area of 107,100. Currently, everything is negative, and any currency that rises, its liquidity is outside the range of alternative currencies. We still have the possibility of a possible rebound, but it is possible that it will fall more. For this reason, I am a little worried. The 4h candle that was a decline had a rebound, and the second 4h candle is the same thing, but still, is it a rebound? Is it another decline? But as it is clear to me, a retest of the decline and the rise at the same time. Also, there is a W pattern after the decline occurred, but is it possible that it will return to 110,000 and then another correction? Therefore, Bitcoin's target is currently 106,000 and the 103,350 area in case the other markets are affected by the European news. Therefore, we also have negative news from the Federal Reserve, which is also under pressure. Therefore, I see from We may see another correction in the coming days.
Buy and trade here $BTC
{future}(BTCUSDT)
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{future}(ETHUSDT)
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{future}(XRPUSDT)","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025052025/05/23/f9829fd96417421bb34006df4cce0cdd.png"],"tags":[],"tradingPairs":["XRP/USDT"],"quotearticleid":0}