$BTC updated

Btc is currently trading at the support of the red cloud on H1 and is still within the upward range as it remains above the red cloud support zone (119,700-120,200). Falling below the red cloud may lead to a negative view, triggering liquidation orders and forcing liquidations in the rich liquidity area below, which could be swept.

Currently, btc has broken through the near support to advance towards the extended fibo zones at 121,300-121,400.

It must reclaim this zone for btc to have a chance to rise.

However, in reality, it has broken through and is trading below, so there is a possibility it will test the red cloud. Be careful, everyone.