Bitcoin is nearing a major trendline support on the weekly timeframe, making this a crucial zone for potential price reaction.
๐น Testing a key support level that has historically held strong
โ A solid bounce could reinforce bullish momentum and trigger recovery
โ ๏ธ A breakdown below may open the door for further downside pressure
Watch closely as BTC approaches this key level to determine the next major move ๐
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.