#BTC Market Update!

🔵 Technical Analysis (1D):

BTC is navigating through a falling wedge pattern. It has recently faced resistance at the upper #trendline and is now trending towards the lower support trendline. This movement indicates a period of consolidation within the pattern as the market prepares for a possible breakout.

🔵 Summary:

BTC remains within a falling wedge, having been rebuffed at the upper trendline and is now nearing the lower support level. We anticipate continued consolidation within this pattern until a breakout materializes.

$BTC Daily Range:

Upper Limit: $61,500Lower Limit: $60,500
(Approx. ±10% based on moving average volatility from opening to closing points)

🔵 Scalp Trading Opportunities (VIP): (For advanced traders - moderate/high risk)

🔵 Long Position: $58,000🔴 Short Position: $63,000

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