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Bitcoin Market Outlook: Is the Bull Run Taking a Breather? (Technical Analysis)
As a Technical Trader, I’ve been closely watching the $BTC price action over the last 48 hours. Here is a quick breakdown of what the charts are telling us and how you should position yourself.

1. Key Support & Resistance Levels 📊 Bitcoin is currently testing a crucial support zone. If we hold above this level, we could see a push towards the next major resistance. However, a breakdown here might lead to a healthy correction before the next leg up.

2. Technical Indicators Check ⚡

RSI: Looking neutral, giving room for a move in either direction.

Moving Averages: Holding steady above the 50-day EMA, which is a bullish sign for mid-term holders.

3. Trading Strategy for Today 💡 Don’t chase the green candles. Wait for a retest of the support levels or a confirmed breakout above resistance with high volume. Always manage your risk and keep your stop-losses tight!


What are your thoughts on the current market? Drop a comment below! 👇

#Bitcoin #TechnicalAnalysis #DeFi: #BinanceSquare #TechnicalTrader68

ANALĪZE PAR PUNKTU:$BTC BTC Negatīva prognoze veiksmīga! 📉

Pieredze runā skaļāk par vārdiem! Mana nesenā negatīvā balsošana par $BTC bija 100% pareiza, pārspējot vairāk nekā 57% lietotāju, kuri gaidīja citu kustību.

Kā tehniskais tirgotājs 68, es nesekoju tikai pūlim; es sekoju diagrammām un datiem. Kamēr citi bija iestrēguši FOMO, mana tehniskā analīze skaidri norādīja uz atsitienu.


#BTC #MarketAnalysis #Write2Earn #BinanceSquare #TechnicalTrader68