#BTC #crypto2023

#BTC /USDT 1D. TF

analysis

At this moment, a retest is taking place slightly above a major level of support and resistance. The Exponential Moving Averages, along with the Point of Control, are crucial in providing support at this level.

The previous high resistance marks the upcoming crucial hurdle. If a breakout occurs and a retest above this resistance is successful, it will validate a strong bullish momentum in the market.

4H TF

Analysis

In the past few days, BTC has made several efforts to reach $28,000 and surpass it, but all these attempts have been unsuccessful. It is crucial to note that $28,000 holds a significant position as the main support/resistance level throughout the market cycle.

BTC Daily Range:

- The upper limit is recorded at 29,0233.

- On the other hand, the lower limit is marked at