#BTC URGENT MARKET UPDATE!!

May 27, 2024

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⚪️TECHNICAL (1W)

Bitcoin closed another bullish candle on the weekly time frame, but the volume remains low. A breakout and successful retest above the all-time high would confirm a bullish trend. Until then, we can expect some accumulation below this zone.

⚪️WRAP-UP (VIP)

Bitcoin closed another bullish weekly candle, but volume is low. A breakout and retest above the all-time high is needed for a bullish signal; until then, expect accumulation below this level.

BTC DAILY RANGE: 

📈Upper Limit: 69600

📉Lower Limit: 68100

(+-12% based on moving average volatility open/endpoints)

📌SCALP ENTRIES (VIP)

(*Advanced traders only - moderate/high risk)

🔵LONG

💲65000

🔴SHORT

💲73000

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