2026-02-11 08:38:45

#BuyTheDipOrWaitNow?

#BTC has not yet broken the resistance in the 74496-71237 region; it may attempt to break it again.

Technically, according to the principle of wave equality, the upward movement could continue up to 61%.

Even if it breaks the blue box and rises, it is considered a correction of the decline.

A close above 98,200 in the upward movement will form the first high peak on the daily chart according to the last wave. However, with this close, a downward correction in the 107-109K region will come into focus.

If it cannot close above the last peak, the formation will be active and a new decline may occur. If the decline deepens, the support levels to watch are 62,433-55,230-47,256.

BTC-3.69%

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