WEEKLY BTC MOVE

Bitcoin is trading at $40.8k and confidently moves towards the $45k mark. The weekly technical analysis suggests that BTC is highly bullish at this level. If the weekly candle opens above $40k, it will remain above this level for several days. This week, BTC will likely trade above $40k, confirming that we are in a bull market. In such a scenario, many altcoins will rise from here by 2x to 5x, and even 10x is possible.

Another possible scenario is that BTC may retrace around $37, where we can expect stability in BTC movements. Avoiding high leverage in the future market is highly recommended, as whales may sometimes manipulate the market to liquidate short or long positions.

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