𝗕𝗥𝗘𝗔𝗞𝗢𝗨𝗧 𝗢𝗥 𝗧𝗥𝗔𝗣 🚀🪤

BTC is heading toward the previous support level at 71,400, which is now acting as resistance. If we see a potential breakout here, BTC could aim for a new all-time high (ATH). However, this scenario seems less likely, and I don’t think it will happen. But if there is a clear breakout from this resistance, we might see a new ATH.

On the other hand, if BTC is attempting to trap long positions, fakes the breakout, and then reverses, we could head down to 64k.

Although many of you might find it absurd to think BTC could drop so much, consider this: how can BTC continue to rise with so much greed in the market? Let’s suppose BTC does move up—it would be recreating the 2020-21 crash scenario. Back then, BTC fell to half of its price after a peak.

BTC likely needs a correction, and it seems to be getting one today, stabilizing at a decent level before moving back toward 71k.

This movement feels unusual.

#EmperorMajesty $BTC #USNFPCooldown #USPCEExceeds #bitcoinnewsupdate #BTC1D