In my previous stories, I mentioned that buying at current levels is risky - and now we've seen why 💁‍♂️

Note, that the upper boundary of the monthly upward structure has proven to be a strong support, with #BTC trading slightly below the key level of $42,000.

💡 In case of a confident breakthrough with the daily candle closing above, I expect upward movement to continiue towards the $46,000 - $48,000 range.

If #BTC struggles to consolidate above, a retest of the lower structure boundary is possible. Still, a decline to this level will not break the long-term upward trend. So, it's best to treat these corrections as opportunities to add positions.

#BTC $BTC $ETH