#BTC: Testing Resistance at $44K-$47.7K, Critical Zone! ๐๐
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! ๐๐น๐
Best of luck with your trades! ๐
t.me/b_oracle๐ฝ
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! ๐๐น๐
Best of luck with your trades! ๐
t.me/b_oracle๐ฝ