BTC UPDATE
𝐁𝐓𝐂 𝐔𝐏𝐃𝐀𝐓𝐄 🏓
The bullish momentum in BTC has shown signs of weakness since the middle of last week.
However, navigating the current market conditions is proving challenging due to increased manipulative activities, raising concerns about the safety of potential trades.
As this week unfolds, it's anticipated that BTC might close below the $43,275 mark, signaling a downward move to approximately $38,662.
This pullback could result in the formation of new support levels within this zone.
Subsequently, a bounce off this established support is expected, aiming to retest previous resistance before making a breakthrough towards the $50,654 target.
On the flip side, if BTC manages to close above $43,744, the next area for retesting is likely around $47,067.
Following this, there may be a build-up before a potential sharp pullback to the initial support level.
For more market updates, consider hitting the follow button.
~𝕬𝖓𝖎𝖙𝖆 𝕯𝖚𝖆𝖉𝖔
𝕿𝖍𝖆𝖙 𝕿𝖗𝖆𝖉𝖊𝖗 𝖙𝖍𝖆𝖙 𝖂𝖗𝖎𝖙𝖊𝖘
The bullish momentum in BTC has shown signs of weakness since the middle of last week.
However, navigating the current market conditions is proving challenging due to increased manipulative activities, raising concerns about the safety of potential trades.
As this week unfolds, it's anticipated that BTC might close below the $43,275 mark, signaling a downward move to approximately $38,662.
This pullback could result in the formation of new support levels within this zone.
Subsequently, a bounce off this established support is expected, aiming to retest previous resistance before making a breakthrough towards the $50,654 target.
On the flip side, if BTC manages to close above $43,744, the next area for retesting is likely around $47,067.
Following this, there may be a build-up before a potential sharp pullback to the initial support level.
For more market updates, consider hitting the follow button.
~𝕬𝖓𝖎𝖙𝖆 𝕯𝖚𝖆𝖉𝖔
𝕿𝖍𝖆𝖙 𝕿𝖗𝖆𝖉𝖊𝖗 𝖙𝖍𝖆𝖙 𝖂𝖗𝖎𝖙𝖊𝖘
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