🚀 **Bitcoin Reversal Signals Emerging!** 🚀
As I mentioned in my last analysis, the recent move on Bitcoin was just a **deep retracement** after a massive gain. This theory remains valid **as long as the price stays above the Yellow Line (Arrow #2)**. If Bitcoin breaks below this level, we still have **key support zones at 74K (Arrow #3 and Arrow #4)** where a reversal could happen.
If those levels fail, we could enter a **huge range** or even a potential **downtrend**. However, as of today, I see early **reversal signals**, but we still need confirmation. The main signal to watch is a **breakout above the Blue Line (Arrow #1)**.
🔥 **Tomorrow, I’ll be monitoring the market with a bullish mindset and providing more updates in the group.** Stay tuned, and make sure to **turn on your notifications!**
📢 **Join my group now for exclusive insights!**
#Bitcoin #CryptoAnalysis #BTC #Trading #Crypto
As I mentioned in my last analysis, the recent move on Bitcoin was just a **deep retracement** after a massive gain. This theory remains valid **as long as the price stays above the Yellow Line (Arrow #2)**. If Bitcoin breaks below this level, we still have **key support zones at 74K (Arrow #3 and Arrow #4)** where a reversal could happen.
If those levels fail, we could enter a **huge range** or even a potential **downtrend**. However, as of today, I see early **reversal signals**, but we still need confirmation. The main signal to watch is a **breakout above the Blue Line (Arrow #1)**.
🔥 **Tomorrow, I’ll be monitoring the market with a bullish mindset and providing more updates in the group.** Stay tuned, and make sure to **turn on your notifications!**
📢 **Join my group now for exclusive insights!**
#Bitcoin #CryptoAnalysis #BTC #Trading #Crypto
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Disclaimer
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.