#BTC โโโโโโโ Bitcoin Market Update: Bitcoin is pushing upside while BTC.D is moving down which is a great combination for altcoins BTC.D is bearish and it is experiencing a bearish breakout below 52% Major Support, it should decline way lower from the current location as called Bitcoin is moving sideways and trying to form a chart pattern which will take some time though. ๏ธ A bullish breakout of $44,300 Resistance is needed to get the next rally towards $50,000 or higher $38,500 is the main support from the current location Intraday: The intraday chart is volatile and is having a nice recovery from yesterdayโs quick dump. 1๏ธ A successful bullish breakout of $43,300 (POI) will offer a long towards $45,100 and higher - Blue Projection Trade position setup has been provided for the above scenario with all necessary information including Entry, Targets, Stop Loss, RR & Criteria to take the trade. 2๏ธ A rejection can cause more sideways volatility again. Below $41,800 is bearish and will lead to more short opportunities - Red Projection H1: Daily: BTC.D