$BTC 5m Chart Latest Update:

$BTC Latest Information:

👉 Today, false breakouts occurred three times on the 5m chart resistance at 41345, and BTC couldn't enter a bullish momentum. So, BTC will likely take a huge drop soon.

👉 As per the 5m chart, BTC currently has resistance at 41345 and support at 40718, with a strong bearish phase, indicating that BTC will soon break the support level.

👉 As per the 15m chart, BTC is facing a support level at 40855. This morning, BTC experienced a false breakout on the support level, causing it to rise to a maximum of 41578. This time it will likely break soon, I think. Let's see what will happen; please wait for confirmation.

👉 I know everyone has a short position; please keep your short position and trade with enough funds. I always emphasize keeping your Liquidation price within a $2000-$2500 price range difference.

👉 #ibit (iShare Bitcoin) 5m Chart Analysis: As per the 5m chart, BTC faces support at 23.23 and is in a strong bearish phase with bearish momentum. There is a high possibility of breaking the support, leading to a drop of 1-3% at any time after the market opens. Weekend sales are expected in BTC & BTC ETF. So, more drops are anticipated today. Let's see what will happen.

BTC ETF Trading will open within 10 minutes.

Thanks for your support and love ❤️.

Author : @King of BTC - Universe (For All) BXT

#BTC #bearishmomentum #TradeNTell