đ **Bitcoin (BTC) hits consolidation zone đ€ŻâŒâŒ Important update on what's next.**
ââHey everyone! BTC has moved just as I predicted earlier. So, whatâs next? Will it pump or drop further? Here are all the latest updates. I've included the charts below. đ
đž If we check the 4-hour chart, BTC hit a resistance level around $66,500. I mentioned there would be a slight dip, and within 4-5 days, BTC dropped from $66,500 to $59,990. In the chart below, you can see the red zone Iâve highlighted â this is the consolidation area. It's formed after a bullish candle, followed by 3 or 4 bearish candles. After that, the coin typically takes a small pump to complete the pattern, before pulling back again and preparing for a bigger pump. This is exactly what BTC has done.
đž Right now, this is the perfect opportunity to enter a long trade on BTC. Looking at the 1-day chart, itâs clear BTC is setting up for a major pump. The current price is around $61,800, so even entering now could lead to big profits. The support line on the 1-day chart is about to break, and Iâm confident BTC will pass $70,000 in the coming days. We have bullish signals from all sides, so donât hesitate to place a long trade, but make sure to set a proper stop-loss. That's all for now. Have a great day!#Write2Earn! #Write2Earn! #Write2Earn! #Write2Earn! #Write2Earn!
