#BTC #ETH #GT Analysis of BTC Movement
Technical Analysis
Pattern: Descending triangle (bearish), with support at 102,307.45 and resistance at 104,760.70.
MACD: Bearish (negative histogram -759.136),
Movement Prediction
4 Hours: Bearish, potential drop to 100,953.00 if support breaks.
1 Day: Bearish, target 99,095.20 if the trend continues.
1 Week: Bearish, target 95,116.30, unless there is a significant reversal.
Advantageous Position
4 Hours: Short, target 100,953.00, stop loss 104,760.70.
1 Day: Short, target 99,095.20, stop loss 104,760.70.
1 Week: Short, target 95,116.30, stop loss 10