Here is a clear and educational post on your topic đ
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Bitcoin facing a key resistance: what should be understood?
At the moment, Bitcoin is trading around the **$114,000 â $116,000** range, a level known as **resistance**.
đč What is a resistance? It is a price at which the market struggles to rise, as many sellers decide to take their profits. Imagine a ceiling that blocks progress.
đč Two possible scenarios: 1ïžâŁ Rejection and correction: if sellers dominate, the price may drop again and offer a new buying opportunity at a lower level. 2ïžâŁ Resistance break: if demand is stronger, Bitcoin may break through this ceiling and aim for new highs.
đ Why is it important? Technical signals like this help investors better understand market psychology: where hesitations, profit-taking, and new waves of buying occur.
⥠Advice for beginners: do not follow emotions. Observe, learn to read these levels, and remember that a clear plan (objectives, accepted risks) is stronger than the euphoria of the moment.
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Here is a clear and educational post on your topic đ
---
Bitcoin facing a key resistance: what should be understood?
At the moment, Bitcoin is trading around the **$114,000 â $116,000** range, a level known as **resistance**.
đč What is a resistance?
It is a price at which the market struggles to rise, as many sellers decide to take their profits. Imagine a ceiling that blocks progress.
đč Two possible scenarios:
1ïžâŁ Rejection and correction: if sellers dominate, the price may drop again and offer a new buying opportunity at a lower level.
2ïžâŁ Resistance break: if demand is stronger, Bitcoin may break through this ceiling and aim for new highs.
đ Why is it important?
Technical signals like this help investors better understand market psychology: where hesitations, profit-taking, and new waves of buying occur.
⥠Advice for beginners: do not follow emotions. Observe, learn to read these levels, and remember that a clear plan (objectives, accepted risks) is stronger than the euphoria of the moment.