Technical Analysis and Outlook:
During this week's trading session, Bitcoin has remained closely aligned with the completed Outer Coin Dip at 96000. This development suggests a potential pullback to retest the Mean Support level at 91800, with the possibility of further decline down to the Outer Coin Dip marked at 89000 before a possible resurgence in the bull market.
On the other hand, if the anticipated pullback does not occur, the cryptocurrency may experience upward momentum, retesting the Mean Resistance level at 101300. This could lead to an extension toward challenging the completed Outer Coin Rally at 108000 through Key Resistance at 106000.
During this week's trading session, Bitcoin has remained closely aligned with the completed Outer Coin Dip at 96000. This development suggests a potential pullback to retest the Mean Support level at 91800, with the possibility of further decline down to the Outer Coin Dip marked at 89000 before a possible resurgence in the bull market.
On the other hand, if the anticipated pullback does not occur, the cryptocurrency may experience upward momentum, retesting the Mean Resistance level at 101300. This could lead to an extension toward challenging the completed Outer Coin Rally at 108000 through Key Resistance at 106000.
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