Tuesday Update #56‼️ Really I'm sorry to say this, but this is what's coming next.. USE Stop Loss 🥲

As predicted in our last update, I mentioned that "Now, there's a possibility of a a small correction BTC towards $62.5k, which could trigger some liquidations around $63400. After that, BTC may pump again to $63k, $63.5k, and $65k." and it has followed this expectation and perfectly hit $62500 yesterday night.

Check previous BTC update how perfectly our previous analysis has played out!

Now, there's a possibility of a a small correction BTC towards $62k, which could trigger some liquidations around $62000 - $61800. After that, BTC may pump again to $62.8k, $63k, and $63.2k.

✍️ The price action respected the 4-hour Bearish Fair Value Gap (FVG) and, as anticipated, we saw a rejection that led BTC to pull back into the 4-hour Bullish FVG. The market perfectly retraced to our key support zones around the 50% and 61.8% Fibonacci levels (62.5k-62.3k). This area acted as a strong support, and we're now seeing a small bounce.

🟢 Moving forward, if BTC can hold above this $62.5 Bullish FVG + 50% Fib and break through the 63.8k resistance again, we could see a push towards the next major resistance around 65.6k. However, if the price struggles to break above this level, a period of consolidation within the current range is likely.

🔴 Keep a close eye on how the price reacts around these levels, especially with the psychological level at 62k still in play. A break below this could signal a deeper correction $58300, so it’s crucial to stay vigilant.

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