Is a Bitcoin Breakout or Breakdown Coming? ⚠️⚠️ Here’s What to Expect 🔥💥💥

👀Key Levels to Watch in the Coming Weeks 🔥🔥

🤔Bitcoin’s price action has been giving traders a lot to think about lately. If you’re watching the charts closely, you might wonder where the next big move will take us. Let’s dive into the current setup.

👀🔥The chart we’re looking at is a 2-hour timeframe of BTC/USD, and it’s packed with critical insights.

Resistance Level:💥The price of Bitcoin is currently facing a strong resistance zone between $59,860 and $60,260. This area has proven tough for the bulls to break through recently.

👉Support Levels: On the downside, if Bitcoin fails to break above that resistance, we could see it dropping towards key support levels. The primary supports to watch are $49,200 and $43,600. These levels are critical, as a failure to hold these could lead to even lower prices.

💣⚠️If prices can't break up resistance 59860 60260 see you support $49200 or $43600⚠️⚠️ will take time 1 or 2 weeks.

🚀Bullish Scenario: If Bitcoin manages to break above the $60,260 resistance, we could see a quick rally, potentially leading to new highs.

However, this would require strong buying momentum, which, at the moment, seems to be fading.

😭Bearish Scenario: if Bitcoin can’t push through the resistance and starts to fall, it’s likely to test the $49,200 support first. If this level doesn’t hold, the next stop could be as low as $43,600.

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