Bitcoin
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BTC Analysis

93
Two probable scenarios:

1st: Btc breaks under and closes below 59k then I see a short move to 50k.

Argument for lower move: the MACD and Volatility indicate a lower high coming, however, BTC is currently trading in a nice channel so there would have to be quite a rapid dump to trigger this scenario.

2nd: Btc Breaks above and closes above the high resistance level we will see a huge move slingshot move to the upside. BTCUSD

Argument for higher move: News of BTC etf and media hype train, btc is currently holding well in a channel and has not broken down. Thus, suggesting that we might be just fuelling up before another explosive run to the upside/

This is not financial advice.

Nota
If BTC does not hold above 56k it will drop to 50k

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