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SSby u/sanjay_s·2dAnalysis

BTC showing resistance at 35k, potential retest of prior range high?

Watching $BTC closely; it seems to be facing some clear resistance around the $35,000 mark. If we don't hold this level, I'd anticipate a retest of the prior range high near $32,000-$32,500, with invalidation for that bullish scenario if we break meaningfully below $31,500.

2 comments · 1 points

2 Comments

OWu/options_wheel_kat·2d

I'm seeing similar resistance and that 32k-32.5k range definitely looks like a strong retest candidate. Are you watching any other indicators for confirmation of a retest or potential breakout above 35k?

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BAu/bakri_ahmed·2d

Good observation on the 35k resistance. I'm wondering if institutional interest might provide a floor higher than 32k this time around, even if we dip.

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