Greetings, dear readers,
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.
Trade with care and caution.
Best regards,
Team Dexter.
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.
Trade with care and caution.
Best regards,
Team Dexter.
