BTC-2h.We are waiting for the breakthrough of critical points!

On December 21, sellers had a chance to make a correction. Very quickly, the price of BTC tested the critical range of $22,500-22700.
In the period from 17 to 19 December, buyers fixed the price above this range. Only after a firm consolidation did the price renew its historical high.

Given the importance of this range, we are considering 2 BTC Scenarios.

The first scenario shows that the market continues to consolidate widely in the range of $22,500-24,000. Buyers are gaining strength and preparing to storm $ 27,400. However, to consider the BTC in the long we will find only after fixing above $ 24,000.

The second scenario shows that buyers have lost the trend line and now sellers are preparing for a correction. However, a confident short can only count below $22,500. The first local target is $ 20,700.

So while the price is between the critical points you can view our Global BTC Ideas:

BTC 4h 1D 1H Weekly section: Bitcoin weekend №2


BTC 1D Gann Box in action
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