BTC emergency update 🚨🚨🚨🚨🚀
The current outlook for Bitcoin suggests a potential breakthrough after a prolonged period of range trading.
Analyzing the charts, there's a discernible bullish trendline, forming a promising pattern on both hourly and daily time frames.
Forecasts indicate a retest around 43,800 in the upcoming hours.
A successful breakout could propel BTC towards 48,000 in the coming days.
However, failure to breach 43,500 might sustain range trading. For trading strategies, consider shorting if the trendline is breached, or wait for a 43,800 retest if 43,500 holds.
While the market could fluctuate between 42,400 to 43,500, key factors lean toward a 50-60% chance of retesting 43,800. Stay tuned for updates and adapt your trades accordingly to market dynamics.
