Bitcoin looks set to keep consolidating, a solid hint that AltSeason might be kicking off!
It shows a major swing high $124,545 and a major swing low at $114,467.
The price is currently near 117,181.77 USD, as I said, I am expecting a potential consolidation. If it breaks and closes 1D Candle above $122,00; expect an upward move toward the swing high; or even a new ATH. (Unlikely happening) Since last night’s interest rates decision was only 25 bps cut.
If it drops below $114,467, a downtrend might kick in.
Keep an eye on those levels!
