BTC potential bullrun start after breaking trend line (wayckoff)
BTC is still following the Wyckoff pattern. Today, the price managed to break the trend line downwards, signaling the start of a potential new bull run.
We expect resistance between 47500-49000 for the next 4-8 hours before a potential breakout to 53-55k. If bulls fail, then a potential drop to 42k region is to be expected
We expect resistance between 47500-49000 for the next 4-8 hours before a potential breakout to 53-55k. If bulls fail, then a potential drop to 42k region is to be expected