$BTC | Ellyse Perry on Binance Square

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$BTC 

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**Brett Poised for a Bull Flag Breakout 🟢** We kept a close watch on Brett before the recent drop, as it was on the verge of breaking out of its bull flag multiple times. Despite several attempts, the token was rejected each time, and thankfully, we didn't enter the trade. Yesterday, Brett made a remarkable comeback. After a sharp drop of about 30%, it initially appeared among the biggest losers. Yet, it mounted an impressive recovery and ended the day in the green. Today, Brett has already gained over 10% and has more than covered Sunday's price dip. This is one of the strongest performances I've seen recently. While I'm not generally a fan of meme coins, I'm always interested in trading opportunities. Brett's recent strength has certainly caught my attention. I’ll stick to my strategy of waiting for a confirmed breakout from the bull flag before making a move. Once that happens, I'll be ready to jump in for the ride! #BRETT

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$BTC reached $56,000—what an accurate prediction! Yesterday vs. today shows impressive moves in both 1-hour and 15-minute charts. TP4 has been hit. As noted in my latest long-term analysis, the 49k-51k range remains crucial support on a monthly and weekly basis. Congratulations to those who followed the post! I'll provide an update on the next steps soon. #BTC☀

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$BTC Bitcoin is back in its channel—will the next drop come soon? Just click on the link and get 15 USDT🤑 It feels better waking up to green candles after a tough day. Here's a quick summary: Bitcoin had a rough start to the week, dropping 16% at one point, while many altcoins fell by 20% or more. However, U.S. investors didn’t keep selling and Bitcoin ended the day down 7%, without falling below its long-term channel. So, what's next? Will we see a sharp recovery or a further decline? **Pro Recovery:** - Bulls showed strength by pushing the price back up when it dropped below $50,000, which is a positive sign. - Market turbulence might prompt national banks to cut rates sooner than expected, adding momentum to the market. - We've seen similar drops before, often followed by strong recoveries. **Contra Recovery:** - The situation remains volatile, and any significant news could trigger another major drop. - Tensions in the Middle East, such as Iran’s potential actions against Israel, could send shockwaves through the market and push Bitcoin below $50,000. **Summary:** The recovery looks promising, and it’s encouraging to see the bulls stepping in. In the short term, I’m cautious as another drop could occur. However, I believe Bitcoin will stay above $50,000 in the longer term and remain bullish. #BTC☀

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