LIVE$BTC Update
$BTC is currently moving in a range between its support and resistance zone. A breakout of the resistance zone will result in a upwards movement towards 45K. Whereas, a breakdown of the support zone will send BTC down to 39K.
On the chart,
Support Zone: 42.1K - 41.7K
Resistance Zone: 43.2K - 43.5K
FVG: 44.5K - 45.5K
Liquidity Pool: Around 44.5K
So, what to expect next?
You can see on the chart, there is a Fair Value Gap (FVG) around 44.5K - 45.5K. At the same time, there's also a liquidity pool forming around 44.5K. Additionally, BTC has already touched the resistance zone multiple times which means the resistance is getting weaker and weaker. Only a significant volume is needed here to push BTC upwards. Currently, I am expecting a breakout which will send BTC towards 44.5K+.
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