Welcome to this BTC update within the 6-hour timeframe.
BTC has been making persistent efforts to overcome the 27K resistance level. However, it has yet to breach the 27.5k mark. Currently, BTC has formed a resistance trendline, and its ability to surpass this trendline is crucial. A failure to do so could potentially lead to a decline back to the 25K range.
In the next few hours, if BTC manages to break and secure a close above the 27.3k resistance, we might anticipate a positive trajectory for BTC. Conversely, should it face rejection and dip below the 21 MA support, we should prepare for a downturn.
I emphasize the importance of conducting your own research and analysis before arriving at any trading decisions.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.