#BitcoinUpdate 🟠
📉 Failed Weekly Close Above Grey Zone 1:
Bitcoin couldn’t close above the first grey resistance zone this week, meaning risks are still present.
📈 Normal Bullish Scenario:
• BTC should stay within a tight range.
• Some liquidity may shift into altcoins for a short recovery.
• OR BTC might correct down to the blue uptrend line, with altcoins also correcting to attractive buying zones.
(Use Retracement Catcher Bot on the daily timeframe for best entry points!)
⚠️ Critical Support:
• The Yellow Zone 2 acts as the final defense.
• It’s crucial that BTC does not close a weekly candle below this level to maintain bullish hopes.
🙏 Best of luck to everyone!