🚨 BTC Price Update – 28 May | Calm Before the Storm? 🌩️
📉 Current Market Observation:
As of now, Bitcoin (BTC) shows no significant breakout, holding steady above the 4-hour Ichimoku Cloud, which has been acting as a key support zone since mid-April—mirroring the ongoing ascending trendline. 🟢
⚠️ Key Level to Watch:
Any breakdown below the Ichimoku Cloud or the trendline may trigger a corrective pullback.
🎯 First Target: $105K
🕳️ Worse Case (Liquidity Sweep): Below $100K
📌 Important Note:
Even if this decline occurs, it’s unlikely to break the medium-term bullish structure. This could simply be a healthy correction before the next leg up. 🪙🚀
📈 Bullish Continuation?
We’re closely watching if BTC can sustain pressure on the resistance zone. A strong push above it might fuel another rally, but for now, caution is key. 🔍
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