BTC/USDT H4, so far has consistently formed a new HL, and is expected to form a new HL again at the price @ 34,450, if BTC is able to hold/form the HL pattern at the price @ 34,450 then there is a possibility that it will fly to the price @ 36,000 and form an HL new at that level, which means there is a continuation to level @ 37,000
If on the contrary, there is a possibility that BTC will fall to the price @ 34,000 which (could) indicate a reversal, and could fall even further if the level @ 33,600 is successfully reached.
Worst case scenario (or best if you want to withdraw more), BTC could return to the price @ 30,000 but it is unlikely that it will continue to fall to levels below that.
Always consider macroeconomic factors and what is happening in the world, because they can definitely influence the crypto market.
The FED has not announced rate cuts, usually risky assets like crypto cannot (too) thrive during the high interest rate season, but I am optimistic that in 2025 BTC @ 100,000 is very possible.
Everything I write is based on my own thoughts, NFA & DYOR always.
There's maybe a room for error so take it with a grain of salt, and remember to do your own due diligence instead of taking my words fully as a "bulletproof advice".
Thanks for reading.
GLTA always✌.
