#BTC didn't hit the ATH but did rally as high as £73,620, aligning with our weekly analysis. The BRR pattern played out well.
On the weekly timeframe, BTC needs to break above the all-time high resistance to sustain its bullish momentum. A weekly close below this resistance could result in a possible rejection.
Looking at the daily timeframe, BTC is likely to face a rejection around the £68.8k to £69k range.
In my next update, I'll cover altcoins, so stay tuned and trade safely.
Setup for SHORT entry:
~ Entry: £72,800 to CMP.
~ Stoploss: £74,500.
~ Leverage: 10x.
~ Target: £68.8k.
Do your own research and analysis before investing.
