Attention!!! Btc!!!

Case 1

This chart shows a large liquidation of short positions, which often signals a short squeeze. This could temporarily boost BTC's price as short-sellers are forced to buy back at higher prices, adding buying pressure

Case 2

BTC is close to a recent high, and the RSI is approaching overbought levels. This could signal a potential pullback or consolidation before further upward movement.

However, if BTC breaks past its current resistance level, it might lead to a continued upward trend.

Technical Levels to Watch:

Resistance: The current resistance zone seems to be around $75,000–$80,000. A breakout above this level could push BTC to test the $85,000–$90,000 range.

Support: If BTC faces a pullback, the nearest support levels could be around $70,000, then $65,000.

Short-Term Prediction

In the short term, BTC might experience a minor pullback or consolidation around current levels due to overbought RSI levels. However, if buying pressure remains strong, BTC could potentially test the $80,000 level.

Let success find you

Cheers