🚨 *Bitcoin (BTC) in 4H Timeframe – A Key Range is Forming!* 🚨
Hey, BTC traders! 👀 Here’s what’s happening with Bitcoin on the 4-hour chart:
*BTC has formed a solid range* 💹—with *multiple support* and *resistance levels* tested. This makes the range *valid* and one to watch closely. 🔥
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*What Does This Mean?*
🔑 *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* 🚀📉
1️⃣ *Break-Out Scenario*:
If BTC breaks out of this range, *a new all-time high* could be in the cards. 🚀 The momentum will push the price higher, possibly testing new price levels.
2️⃣ *Break-Down Scenario*:
If the range breaks down, expect BTC to fall and *range between 95k -92k* 📉. This could cause a short-term pullback.
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*What to Do?*
👉 *Keep an eye on the range* – watch for the breakout or breakdown. And don’t forget about *the FED*, as their moves could impact the market! 🏦
Stay sharp and monitor closely! 🔥
---$BTC
#BTC #CryptoAnalysis #RangeBreakout #cryptosignals #TradeSmart
