Good morning Everyone,

👉 Last night, I struggled to control my sleep due to the late hour, consequently being unable to provide a detailed BTC update. Apologies for the inconvenience.

👉 Based on the 1-hour chart, $BTC has an upper resistance at 35,292 and a lower support at 34,652. Breaking these levels is crucial to confirm either a bullish or bearish momentum. Genuine breakouts that sustain momentum are necessary for a robust trend in the #BTC market. If these levels are breached, BTC could experience movements of up to 5%.

👉 A break above the upper resistance could signify a potential move towards 37,000, while breaching the lower support could indicate a movement towards 32,900. In the absence of any breakouts, $BTC may remain in a sideways trend between the lower support and upper resistance. Patience is key while awaiting confirmation from my analysis.

👉 According to the 15-minute chart, #BTC has a support at 34,888 and a resistance at 35,255. A breakout at the support level might trigger a temporary bearish momentum, potentially resulting in a 1-1.5% drop towards 34,500-34,300. Conversely, breaking the resistance level could sustain an extraordinary bullish momentum. It's crucial to note these possibilities represent a 50% confirmation of market momentum, not 100%. I consistently recommend placing more trust in the 1-hour chart analysis.

👉 I always strive to provide valid and accurate analyses, which you can use for your trades. Avoid high-risk and emotionally driven trades. Trade with sufficient funds at all times.

Thanks for your support and love, have a great day ❤️.

Author: @KingofBTC2024 (For All) BXT

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