๐Ÿ“‰ #BTC in a Critical Situation!๐Ÿšจ๐Ÿ”

โš ๏ธ BTC ALERT 12/27/2023

โ€ข On the 4-hour time frame, BTC is stuck in a limited move between the $44,500 and $40,500 zone.

โ€ข BTC has already broken the support zone and is currently in the retest phase.

โ€ข If BTC passes the retest in the $43,450 โ€“ $43,600 area, and rejects successfully, a downward move towards $40,000 could occur.

โ€ข Invalidation of this scenario would be if BTC breaks the 4-hour resistance zone at $43,450 - $43,600 with massive buying volume and passes the retest, leading to higher prices.

โ€ข The overall context suggests a bearish trend, partly due to the panic of Mt.Gox selling its holdings, news which is currently spreading.

โ€ข It is crucial to use stop-loss orders for your short-term trades.

Stay vigilant and follow these developments carefully! ๐Ÿ“‰๐Ÿšจ #AnalyseBTC #Bitcoin #BTC