#Bitcoin Market Analysis$BTC
March 30, 2024
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TECHNICAL (4H)
BTC is currently maintaining its position above both the bullish flag pattern and the crucial horizontal support level, which serves as a key determinant for the continuation of the bullish trend. The only potential bearish scenario to consider is a breakdown below this support level, followed by a successful retest, which could indicate a shift in momentum.
BTC remains above the bullish flag and crucial horizontal support, key for bullish momentum. Bearish scenario: breakdown with successful retest of support.
$BTC DAILY RANGE:
📈Upper Limit: 71000
📉Lower Limit: 69000
(+-9% based on moving average volatility open/endpoints)#BullishOutlook📈 #FinancialThoughts