Examining Bitcoin price prospects 🚬

At the beginning of the week, we already witnessing a noticeable increase in volumes, and right now $BTC is once again attempting to establish itself above $34,500. At the same time, the volumes of sellers are continuing to decrease.

In these conditions, the preference remains with the bullish scenario. In the event of a successful closure of the 4H candle above the resistance level, I anticipate further upward movement.

Although I am confident in the continuation of the uptrend, there is a possibility of a local correction. Nevertheless, even if $BTC drops below $33,000, it will not break the overall ascending market structure and will provide an opportunity to add to our positions.

⏳ In the short to medium term, I expect $BTC TC to break through the $35,000 level, followed by a move toward the $38,000 mark.