📊 Crypto Market Update by Muhammad Ahmed

📈 Bitcoin Analysis:

- Support Levels: $41,800 and $40,000 (Strong Buyer Presence)

- Resistance Levels: $43,500 and $45,000 (Selling Pressure)

🔍 Analysis:

BTC faces robust support at $41,800 and $40,000, while encountering resistance at $43,500 and $45,000. Prudent trading advised, aligning risk with specified support/resistance levels.

📉 Possible Scenarios:

- Break above $43,500 may lead to testing $45,000.

- Break below $40,000 may trigger a test towards $38,000.

📅 Daily Timeframe:

- Critical 50 MA Support at $38,700.

🚨 Caution:

Trade wisely, factor in the market dynamics, and formulate your strategy accordingly.

💡 Your Move:

Stay vigilant, consider the market plan, and make informed decisions with your funds.

🌐 Disclaimer: This is not financial advice. Trade at your own risk.

#CryptoUpdate #BitcoinAnalysis #MarketInsights