[BTC NEWS UPDATE] ๐ก
Bitcoin has just broken out from the strong high area of 105,000 after previously breaking through the strong low of 103,666. This movement is quite surprising as it indicates potential trend direction change!
๐ Currently, BTC is showing reversal signals after a strong rejection from the demand zone. But, is this the start of a medium-term uptrend?
๐ฏ For those looking to seize opportunities, don't forget to use a clear Risk & Reward strategy. Stay disciplined with capital management to keep your balance safe, especially in a market phase prone to fakeouts like this!
๐ Also, keep an eye on the big news schedule in the coming days that could trigger continued volatility!
๐๐ What do you think, is this a bullish reversal signal or just a retracement before going deeper? Drop your opinion in the comments!
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