WHAT CAN BE THE NEXT MOVE OF $BTC ? CONSIDERING MULTIPLE SCENARIOS.

- As of today BTC went above 62k
- Filled CME gap

Catalysts:
- Russia legalized crypto mining
- Unemployment data claims came lower than expected!
- $XRP is not a security anymore, SEC's Lawsuit ended

Predicting Next Move:

- On a 1hr time-frame BTC breaks the Bearish flag upside & invalidate the pattern formation.
- A little correction after rejecting from a $63k local resistance
- Now on a trendline consolidating.

Scenario 01:

- If it bounces from here we can see it reaching above $65k, because there we have a bunch of liquidity on upside direction.

Scenario 02:

- If it breaks down to the bearish flag , then we can see it at $57k - $58k range again
- Because on downside this range posses most of the liquidity.

Scenario 03:

- On weekly time-frame we have a most bullish candle, that signals the more upside movement in upcoming days

Scenario 04:

- $BTC Dominance is forming a bearish flag and it's on trendline resistance, rejection will cause decline in BTC value to $58k -$57k range

CONCLUSION:

After the consideration of all above scenario the BTC is most likely to correct to $58k-$57k,Then it will continue the pump again

Fundamental can take command if any bullish news releases
& It can surge dirctly to $65k

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