Hello Traders,
BTC is currently attempting to hold its price above a key resistance level. On the daily timeframe, we can observe a clear breakout and retest, and it’s now showing signs of a rebound.
What we need now is for BTC to hold this level on the daily close to confirm bullish strength.
However, a breakdown below this support could lead to a significant drop in price.
While the sentiment remains optimistic, it’s important to stay aware of all possible scenarios.
Trade safely, and always do your own research and analysis before investing.
