๐Ÿšจ *Bitcoin (BTC) in 4H Timeframe โ€“ A Key Range is Forming!* ๐Ÿšจ

Hey, BTC traders! ๐Ÿ‘€ Hereโ€™s whatโ€™s happening with Bitcoin on the 4-hour chart:

*BTC has formed a solid range* ๐Ÿ’นโ€”with *multiple support* and *resistance levels* tested. This makes the range *valid* and one to watch closely. ๐Ÿ”ฅ

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*What Does This Mean?*

๐Ÿ”‘ *Key Levels to Watch:*

- *Support*: Every time BTC tests the lower end of the range, it bounces back.

- *Resistance*: The upper end of the range is holding strong and preventing further upward movement.

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*Possible Scenarios* ๐Ÿš€๐Ÿ“‰

1๏ธโƒฃ *Break-Out Scenario*:

If BTC breaks out of this range, *a new all-time high* could be in the cards. ๐Ÿš€ The momentum will push the price higher, possibly testing new price levels.

2๏ธโƒฃ *Break-Down Scenario*:

If the range breaks down, expect BTC to fall and *range between 95k -92k* ๐Ÿ“‰. This could cause a short-term pullback.

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*What to Do?*

๐Ÿ‘‰ *Keep an eye on the range* โ€“ watch for the breakout or breakdown. And donโ€™t forget about *the FED*, as their moves could impact the market! ๐Ÿฆ

Stay sharp and monitor closely! ๐Ÿ”ฅ

---$BTC

$ETH

#BTC #CryptoAnalysis #RangeBreakout #cryptosignals #TradeSmart