Hello Traders! 👋
What are your thoughts on BITCOIN?
Bitcoin remains in a neutral, range-bound trend, currently trading below a key resistance zone. At this point, two potential scenarios could unfold:
1. Bullish Scenario:
If Bitcoin breaks above the resistance level with strong momentum, it could confirm a continuation of the uptrend. A confirmed breakout would present an opportunity to enter long positions strategically.
2. Bearish Scenario:
If Bitcoin fails to break the resistance, a rejection could lead to a pullback toward lower support levels. In this case, waiting for a clear breakout confirmation before entering buy positions would be the prudent approach.
Don’t forget to like and share your thoughts in the comments! ❤️