#WhenisBestTimetoEntertheMarket

#BTC has not yet broken the resistance in the 74496-71237 region. During the decline, a channel was formed below the Fibonacci 0.618 support level at 67300. A breakout above the descending channels is expected. Closing above 68400 would indicate an upward breakout of the channel.
When the channel is broken upward, it could rise again toward the blue box.

If the blue box resistance is broken during the rally, according to the wave equality principle, the increase could continue up to 61% of the decline. If a daily close occurs above 98200, the first high peak according to the last wave will be reached, and the possibility of continued upward movement will arise.
If it reaches the 107-109 thousand region, we will be cautious because a downward trend for Libra will come into focus here. If it cannot close above the last peak, the formation will become active, and a decline may occur again.

If resistance levels are not broken and the decline deepens, the support levels to watch are 62433, 55230, and 47256.