🚀 RKY Bitcoin Update
1. Current Range
Bitcoin is trading within a range with resistance at $35,000 and support at $33,700.
2. Liquidation Heat Map
Keep an eye on the $34,000 to $33,900 range – this is where significant liquidations could occur, often when retailers set their stop-loss orders.
3. Market Outlook
Expect a slower market this week with no major news events. However, next week could bring volatility with CPI & PPI data.
4. Correction on the Horizon
Bitcoin is currently near resistance, and a correction to the $34,000 to $33,700 range is anticipated.
5. Resistance Challenge
Breaking the current resistance at $35,000 is expected to be tough. If it does break, the next resistance is around $37,700.
👍 If you found this update helpful, let us know! i'll keep you posted with more insights. Stay tuned for the latest in the crypto world! 🌐📈