๐จ๐ URGENT UPDATE ๐๐จ
๐จ Bitcoin at Critical Juncture:
๐จ Testing 61K on CME๐จ
Bitcoin has reached the pivotal $61K mark and is now testing the upper limit of the "bullish flag" for the third timeโa key moment clearly visible on the CME chart. ๐
๐ Whatโs Next?
๐ Scenario 1:
Rebound to Lower Boundary
If sellers react here, we might see another rejection, leading to a potential drop towards the $55K-$56K area. This could be an important level to watch for any short-term traders or those looking to buy the dip. ๐
๐ Scenario 2: Breakout to 68-69K
However, if buyers apply pressure and manage to break through the upper boundary of the channel, consolidation above this level could trigger a powerful continuation of the uptrend. In this case, Bitcoin could surge to the height of the flagpole, targeting the $68K-$69K range. ๐
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