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bluemotion finance ✌️【Job Vacancy】✌️Start investing with just ₹500. Leverage AI tools for smart decisions and maximize your profits. Join now! election rally from $70,000 to over $100,000, and each of these dips has ended with a bearish crossover of the 50- and 200-hour SMAs.The latest crossover, therefore, offers hope to bulls expecting a renewed move into six figures above $100,000.A potential bounce could face resistance near $10,600, a level identified by the descending trendline, representing the recent price drop.

bluemotion finance ✌️【Job Vacancy】✌️Start investing with just ₹500. Leverage AI tools for smart decisions and maximize your profits. Join now!A violation there would open doors for record highs.It's important to remember that patterns don't always play out as expected, and the contrary indicator discussed above may fail, potentially leading to a deeper drop.

bluemotion finance ✌️【Job Vacancy】✌️Invest ₹500 and earn up to 100% returns every month. Start now!The first sign of trouble will be if prices move below the overnight low of $96,000, which could expose the swing low of around $91,000 recorded on Dec.

5.Omkar Godbole is a Co-Managing Editor on CoinDesk's Markets team based in Mumbai, holds a masters degree in Finance and a Chartered Market Technician (CMT) member.

bluemotion finance ✌️【Job Vacancy】✌️Start investing with just ₹500. Leverage AI tools for smart decisions and maximize your profits. Join now!Omkar previously worked at FXStreet, writing research on currency markets and as fundamental analyst at currency and commodities desk at Mumbai-based brokerage houses.

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