BTC & IBIT 15m chart Latest Update:

👉 Before BTC ETF trading, in the last 1 hour, BTC dropped from 51500 to 50967. BTC ETF trading opened 30 minutes ago. Let's see the current market sentiment.

👉 As per the 15m chart, BTC is still maintaining #BullishMomentum . BTC will rise soon, and 52,000 will come within 1-3 hours. BTC has been maintaining sideways trends, not entering strong bullish or bearish momentum.

👉 As per the 8H chart, BTC has maintained a very strong bullish momentum, preventing the entry of bearish momentum. I can't say now if BTC will drop more, but it might. If the 8H chart enters bearish momentum, BTC will likely drop in the range of 5000-8000$.

👉 As per the 15m chart, #ibit (iShare Bitcoin Trust) entered bullish momentum at 08:00 PM IST, 30 minutes ago. So IBIT can rise 2-4%, reaching around 29.87-30.46. IBIT is currently trading at 29.27. BTC market is also expected to rise 2-4%, reaching 52350-53400.

👉 Please trade with enough funds and avoid high-risk trades. Always keep your liquidation price at the 4000$ range. I will provide updates if any changes occur.

Thanks for your support and love ❤️.

Author: @KingofBTC2024 (For All) BXT