Bitcoin is currently moving in a range-bound market, showing both bullish attempts and bearish pressure.
Key Levels:
Resistance: $45,000
Major Support: $40,000
Next Support (if breakdown): $35,000
Bullish Scenario 🟢
A strong breakout above $45,000 with good volume could trigger a rally
Possible upside targets: $48,000 – $50,000+
Market sentiment may shift toward greed
Bearish Scenario 🔴
If $BTC BTC fails to hold $40,000, selling pressure may increase
Price could drop toward $37,000 – $35,000
Fear may dominate the market short term
Market Outlook:
⚠️ High volatility expected
Traders should watch volume confirmation and avoid over-leverage.
Strategy Tip:
Long near support with confirmation
Short only after clear rejection at resistance
Always use stop-loss
📌 Not financial advice. Do your own research (DYOR).
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