$BTC / $USDT - TA OTD 📊 - In partnership with @OKX Seems like $BTC is getting another rejection here at this diagonal resistance, with price unable to break $108K. But what are the next levels of interest to buy the dip? And what should we expect next? Well, just follow me! 👇

If $BTC wants to show some real strength, it is mandatory for bulls to step in quickly and not allow the price to have too big of a dip. I know we all like to buy cheap, but in a strong uptrend, pullbacks are usually very limited. That's why I would really like to see a strong bounce from the most important support and resistance level, just at $106-104K.

Failing to hold there would unfortunately open the door to a bigger pullback to the macro support that has been holding the price for several weeks now. In fact, as you can see from the chart, we have a big gap created on the way up, and that gap will not provide any support if visited. At that point, all the interest will be focused on the $101K level, with that support being a key zone to defend to prevent a much bigger pullback.

That's it for today. And remember, nothing in this thread is financial advice; all my content is for educational purposes only! If you like this thread 🧵, hit that like ❤️ button and repost the first message!

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