BTC UPDATE
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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.
~π¬ππππ π―ππππ
πΏπππ πΏπππππ ππππ ππππππ
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.
~π¬ππππ π―ππππ
πΏπππ πΏπππππ ππππ ππππππ
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