๐จ๐จBTC Analysis:๐จ๐จ
$BTC is hovering within a box!๐ฆ
What's next? Action๐ฌ
โจScenarios:
- Hold above $65,950 for a continuation towards $72,000 ๐
- Lose $65,950 and down we go ๐
โAs anticipated in our previous outlook, BTC rejected the $72,000 resistance and traded lower.
However, it is currently hovering around a strong structure marked in red at $65,950.
As long as the $65,950 mark holds, we expect a bullish continuation towards the $72,000 resistance level.
In parallel, if the $65,950 low is broken downward, a bearish correction towards the $62,000 support level would be anticipated.
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BTC Chart - 4H Timeframe
Not Financial Advice dyor before investing in any project. ๐