Kamal Sadati
@kamal1987
The price is now in the range of 79 thousand and liquidity has been hit. There are only two ways we can have the idea of returning to 87 thousand. The first idea is for the bit to move in the lower time frame in the same range of 79 thousand to give us a lower time frame. If it gives us a range and consolidation and the price recovers, we will wait until it reaches the 81650 range, it will stabilize above this resistance and give us a pullback from above. If the price goes above 81600, this idea is OK and is not valid until it breaks the resistance. If the resistance turns into support, we can have 87 thousand by the end of the week.
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Majid Sharifnia🎭🎩🧔🏻
@majid1983
Another way to assess this is to look at the MVRV bands metric. These bands allow investors to estimate the price levels at which a cryptocurrency reaches a high level of “unrealized profit or loss.”
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