WILL BTC BREAK THIS $27K CEILING???

20 בספט׳ 2023

Greetings, dear readers,

Welcome to this BTC update within the 6-hour timeframe.

BTC has been making persistent efforts to overcome the 27K resistance level. However, it has yet to breach the 27.5k mark. Currently, BTC has formed a resistance trendline, and its ability to surpass this trendline is crucial. A failure to do so could potentially lead to a decline back to the 25K range.

In the next few hours, if BTC manages to break and secure a close above the 27.3k resistance, we might anticipate a positive trajectory for BTC. Conversely, should it face rejection and dip below the 21 MA support, we should prepare for a downturn.

I emphasize the importance of conducting your own research and analysis before arriving at any trading decisions.

Trade with care and caution.

Best regards,
Team Dexter.