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$BTC Latest Update:
👉 Currently, I am expecting this pump, but it raised within 40 minutes from 40300-41200. Please keep in mind that as much as there is a sudden rise, BTC will drop in the same price range shortly afterward. I always suggest not believing any fake movements against the market momentum.
👉 As per the 5m chart, BTC faces a support level at 40373 and resistance at 41515. BTC is still in a bearish momentum and a Strong Bearish phase, indicating it will drop and break the support level.
👉 As per the 15m chart, BTC faces the support level 40855, and the resistance level is unidentified now due to selling pressure. Why did BTC rise? Because BTC did not have a real breakout on the support level, so it rose, as I expected. BTC's 15m chart may create a new Resistance Level, maybe tomorrow.
👉 BTC needs to be stable for a few hours, then it will drop and break the support level. If this happens, BTC can drop below 40-39k, and a significant fall will occur; otherwise, BTC can't rise and drop more, maintaining a sideways movement for 24-48 hours.
👉 So, everyone needs to wait for confirmation from the 15m chart. The 5m chart analysis finds advanced moves in trends, while the 15m chart identifies basic moves in trends. So, both timeframes sometimes work differently.
👉 Saturday & Sunday are holidays, so there may not be much volume available in the market, I think. Let's see what will happen. Please trade with enough funds and your proper risk. I will go to sleep, and I will not be available for the next 6 hours.
Thanks for your support and love ❤️.
Author : @Future Trading Expert - Tamil Nadu (For All) BXT
