๐ Breaking Through Resistance!
As a new week kicks off, $BTC Bitcoin faces a formidable resistance cluster that demands attention:
๐ Resistance Levels:
- $37,000 (Psychological Level/Round Number)
- $37,295 (Mid-Channel)
- $37,600 (Professor's Technical Level)
๐ Breakthrough Anticipation:
Once these resistance levels are conquered, the path appears clear for a potential surge to the range of $41,000-$45,000.
๐ Fundamental Factors:
Consider these key fundamentals shaping the landscape:
- Concluded rate hikes with potential cuts on the horizon.
- The commencement of the US election period, signaling bullish sentiment.
- Advancements in the concluding phase of the Ukraine conflict.
- Improved relations between the US and China.
- Halving drawing closer.
- #etf developments on the horizon.
๐ Bullish Stance with Caution:
While maintaining a bullish outlook, it's essential to remain vigilant. There's a 43% probability that Bitcoin might revisit the $35,750 level once more.
Stay tuned for real-time updates as we navigate the exciting world of cryptocurrency! ๐๐ #BTC #CryptoNews๐๐ฐ๐ซ
