📊 Simple Analysis of #BTC☀ Upcoming Movement
Weekly TF , $BTC is trading near a strong resistance level at $73,777. This means that every time the price tries to break above this level, it faces strong selling pressure that causes it to pull back. If $BTC manages to surpass this level and stabilize above it, it could open the way to a much higher target at $99,000.
What Could Happen Next?
⤴️ Bullish Scenario: If $BTC successfully breaks the resistance at $73,777 and closes above it stably, we might see a significant rise toward the expected target at $99,000, representing a considerable price increase.
⤵️Bearish Scenario: If #BTC☀ fails to break this resistance, the price might drop back to important support levels between $58,700 and $52,600. These areas could be favorable for buyers who are waiting for opportunities to re-enter at lower levels.