📉 BTC Market Analysis:
- 📈 Current Position: BTC is at a critical juncture, with indications suggesting the bottom might be in after an impulse from $58k.
- 🛑 Resistance Levels: Facing high time frame (HTF) resistance, mid-range of larger range, and highs of smaller range.
- 🏦 Market Dynamics: Price appears to be influenced by entities on Binance, which could lead to significant movement upon resistance breakthrough.
- 🔄 Potential Scenarios: Anticipates either a breakthrough or intentional removal of resistance, potentially leading to substantial price expansion.
- 💬 Caution for Traders: Advises caution on entering fresh long positions amidst confluent resistance levels.
