Kamal Sadati pfp
Kamal Sadati
@kamal1987
By examining the liquidity heatmaps and hourly Kline data, we see that Bitcoin is fluctuating in a price corridor. Turning point: The price is fluctuating in the range of $98,000 to $102,000 and this range is recognized as an important turning point. Support and Resistance: Support Levels: $98,500 - $97,000 Resistance Levels: $100,500 - $102,000 Volume Volatility: In recent days, Bitcoin’s trading volume volatility has increased, which is a sign of uncertainty in the market. Forecast and Targets: Considering the price patterns, Fibonacci levels, and volume fluctuations, the following scenarios are likely to occur: 1. Bullish Scenario: If Bitcoin manages to break the $100,500 resistance, it will likely move towards $102,000 and even higher. 12-hour target: $101,000 24-hour target: $102,000 2. Bearish scenario: If Bitcoin fails to break through the $100,500 resistance and falls below $98,500, it will likely move towards lower support levels. 12-hour target: $98,000 24-hour target: $97,000
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