$BTC $ETH Greetings, everyone! I trust you're all doing well. In my Tuesday BTC forecast, the price adhered to a parallel channel on the 4-hour timeframe. Having comfortably hit TP 3 at $49,000, we witnessed a pullback from $49,000 to $41,500. Let's now explore potential next moves:
If BTC remains between $42,273 and $41,500 or $40,700, the next targets are:
- TP 1: $43,200
- TP 2: $44,700
- TP 3: $46,000
- TP 4: $46,900
- TP 5: $47,500
- TP 6: $48,600
- TP 7: $50,000
- TP 8: $53,000
In case BTC fails to hold these levels, watch for potential support zones:
1. CME Gap: $40,500 to $39,300
2. $36,300 or $35,655
3. $34,000
Stay tuned for the next exciting moves in the world of BTC trading! đ