$BTC

Bitcoin's latest update in 2024

I mentioned in a previous update that as long as Bitcoin is trading above 90,500, the general trend is still bullish and Bitcoin has not yet broken this level, so the outlook is bullish.

I also noted several days ago that the sideways and boring movement of the market is the closest, and indeed the market moved sideways, and this is clear on the chart.

Currently, in order to say or confirm with a good percentage that Bitcoin has finished this correction, it must break 100k again.

Otherwise, the sideways movement continues until 100k is broken ✅️ or 90,500 is broken 🔴 Daily close.

The support area within this sideways area is 93k 🟢
The resistance area is 98k 🔴

Trading Bitcoin sideways and near an important level such as 90,500 requires us to be cautious and just watch until some confirming and reassuring signals are available that the 90,500 level is still Maintains its strength

Copied from Sister Lemar