#BTC: Testing Resistance at $44K-$47.7K, Critical Zone! 📉📊

BTC has returned to the resistance area around $44K-$47.7K. Observing the performance here and weekly closes is crucial. A successful weekly breakout could lead to more pump, potentially pushing prices towards $51K-$54K. Conversely, failure to pass this zone with flash wicks will increases the chances of a retracement and potentially falling below $40K.

Key Points:

Resistance Zone: $44K-$47.7K.

Breakout Scenario: Successful breakout may target $51K-$54K.

Retracement Scenario: Failure to pass could lead to a retracement below $40K.

Currently, my bias is neutral. If there is any change, we will notify you.

Stay attentive to the market dynamics and adapt your strategy based on evolving conditions! 📈💹👀

Best of luck with your trades! 🙌

t.me/b_oracle👽