BTC Latest Information: (All Timeframes)
š In the 15-minute chart, BTC is currently in temporary bearish momentum, anticipating a drop to 36,451. It has established a new support level at 36,560 while maintaining resistance at 37,885. The expectation is that BTC will not break the current support level, aiming for a rise to 37,300-37,600. A drop below 36,000 may occur if the 15m chart support is breached, emphasizing the importance of following 1H chart analysis for long-term holders.
š In the 1-hour chart, BTC is facing resistance at 37,885 and support at 35,239. The current trading range revolves around these levels. A continuation of panic selling might prompt the 1H chart to establish a new support level or break the existing one.
š The 4-hour chart shows BTC with resistance at 37,330 and support at 35,305. A real breakout has already occurred on the 4H chart's resistance level, signifying BTC's maintenance of extraordinary bullish momentum.
š On the 1-day chart, BTC is encountering resistance at 37,885, with the reminder that new resistance levels are created daily. This indicates a gradual increase in BTC buyers.
š The 1-week chart reveals BTC's current resistance level at 37,085. Predictions suggest that this week's candle will break the resistance, given the creation of new resistance levels. The confirmation of buyers entering the market on the 1D and 1W charts implies a potential move towards 40,000.
Note: I am an analyst providing accurate analyses across various timeframes. Trade with sufficient funds due to high volatility. My information acts as a strategy indicator of changing trends.
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Author: @KingofBTC2024 (For All) BXT
