A few days ago, I outlined two potential scenarios for those still waiting to buy. Scenario two has unfolded: the price was rejected from the resistance zone and has now retreated to the key support zone.

The critical question is: are you ready to buy at this level?

I believe this key zone is pivotal for the price to hold. While it’s uncertain where the price will ultimately find its bottom, the decision on where to place your bet is yours. As long as Bitcoin remains above its all-time high, I view BTC as bullish in the broader trend.