$BTC : The Next Move May Be Decided Here 👀
Bitcoin is currently hovering at $78K having recovered from the sharp selling off earlier this week. The 4H chart now indicates that Bitcoin is consolidating at this level — and that is where patience should be exercised.
Most traders are asking:
Is the price of Bitcoin increasing or decreasing?
But I’m watching a different question:
Which side will be trapped first? 👀
Bullish when BTC rises above the current range and maintains its position with strong buying pressure.
Bearish: Bitcoin is rejected and drops back below the recovery area.
I am not trying to find the next candle.
I would like to see some confirmation first.
The most hazardous trade is usually the one that you take merely due to your fear of missing out.
So what do you consider will happen next?
🟢 BREAKOUT
🔴 REJECTION
Drop your answer below 👇
$BTC $Bitcoin
📊 BTC/USDT$ $BTC — 4H chart attached
Not financial advice. Do your own research and manage your risk.
Bitcoin is currently hovering at $78K having recovered from the sharp selling off earlier this week. The 4H chart now indicates that Bitcoin is consolidating at this level — and that is where patience should be exercised.
Most traders are asking:
Is the price of Bitcoin increasing or decreasing?
But I’m watching a different question:
Which side will be trapped first? 👀
Bullish when BTC rises above the current range and maintains its position with strong buying pressure.
Bearish: Bitcoin is rejected and drops back below the recovery area.
I am not trying to find the next candle.
I would like to see some confirmation first.
The most hazardous trade is usually the one that you take merely due to your fear of missing out.
So what do you consider will happen next?
🟢 BREAKOUT
🔴 REJECTION
Drop your answer below 👇
$BTC $Bitcoin
📊 BTC/USDT$ $BTC — 4H chart attached
Not financial advice. Do your own research and manage your risk.
