🛑BTC LATEST UPDATE🛑
Recently, Bitcoin (BTC) experienced the predicted pump, reaching 53k as anticipated. However, in subsequent analysis, it was suggested that if BTC failed to break new resistance, it might retest 52,300.
Indeed, after attempting to reach 54k and failing to break resistance, BTC retraced to 52,300 but struggled to maintain support, leading to a bearish momentum and a drop to 50,700.
As of now, the market shows signs of uncertainty, with BTC moving sideways and lacking a clear direction. In the one-day timeframe, an accumulation zone is identified between 51,800 and 52,300.
Key levels to watch include a strong support at 50,600 and a strong resistance at 52,300. It's recommended to monitor the market closely and consider buying near 51k and selling near 52,300 until a more defined trend emerges.
Further updates will be provided if there are indications of potential price movements.
stay tuned for latest updates
