๐จ #BTC/USDT Update โ Bitcoin Faces Key Resistance! ๐
Breakout or Rejection? Big Move Incoming!
๐ The structure remains intact from our last update, but hereโs whatโs new:
๐น Price dipped ~5% below our entry zone โ classic shakeout.
๐น Now, a strong bullish candle has appeared, hinting at upside pressure.
๐น But caution: BTC is testing the upper boundary of the ascending channel โ a major resistance zone.
Key Level to Watch:
โก $99,500 โ If a high time frame candle closes above this level:
โ Strength confirmed
โ Shorts will be closed
โ Fresh long positions on the table
Stay alert โ the next move could be explosive!