BTC Today Movements:
👉 This morning, I shared information on the 15-minute and 1-hour chart's current resistance and support levels. An attempt to break the 15-minute chart's support at 36443 resulted in a false breakout, causing BTC to rise to 36720. Similarly, an effort to breach the 1-hour chart resistance at 36714 failed, leading to a decline with BTC dropping to 36380. Currently, the 15-minute chart is making another attempt at the support level of 36443, suggesting a potential rise to 36800-37000.
👉 I observe upper sideways trends in the 15-minute chart, and this might assist in breaking the 1-hour chart resistance at 36714. Once this resistance is breached, BTC is poised to rise to 37500 or above. Expect some volatility tonight as the weekend concludes, bringing in more traders to the market.
👉 According to the 15-minute chart, BTC presently faces resistance at 36685 and has a support level of 36428. Both levels have changed, so stay updated for breakout information. A breakthrough of the resistance level could propel BTC above 37,000. I will provide updates if real breakouts occur.
👉 As per the 1-hour chart, BTC encounters resistance at 36714 and has a support level of 35936. I anticipate a break of the resistance level, with BTC aiming to reach 37,500. Considering all time frames already show bullish momentum, we are in an extraordinary bullish phase, and everyone should hold their long positions until further updates.
👉 I consistently provide accurate analysis, so follow our insights with sufficient funds. Avoid high-risk trades and refrain from emotional decision-making.
Thanks for your support and love ❤️.
Author: @KingofBTC2024 (For All) BXT
