#BTC #bitcoin #CryptoUpdate #BTCanalysis #dyor
๐จ BTC DAILY CHART UPDATE โ MAJOR ZONE TESTING! ๐จ
Hey Traders!
Letโs break it down ๐
๐
Since April 4
BTC has been respecting a key trendline support.
๐Right now, price is trading exactly at that zone โ a strong confluence area:
โ
Daily Fair Value Gap
โ
Daily Order Blocks
โ
Weekly Resistance Zone โ now acting as support
โ
Holding above 50 EMA on Daily
๐ฏ๏ธ Whatโs Next?
If BTC forms a bullish or reversal candlestick pattern here (daily timeframe):
๐ฅ PUMP Incoming โ swing target: $130,000
But if the support breaks down:
๐ฅ DUMP Likely โ more downside expected
๐ My Plan
This is a Swing Trade Setup โ duration may take 3โ5 weeks.
If BTC pumps, Iโll update the trade plan and targets accordingly.
๐ Disclaimer
This is not financial advice โ just my personal view and trade idea.
Always do your own research (DYOR).