Waiting for the $55,000 Zone?

Based on the latest price movements, $BTC is pulling back from its supply zone. It's now headed toward Demand Zone 1 or Demand Zone 2. After hitting one of these zones, BTC could kick off its climb upwards. So, for anyone holding out for a major drop, it's looking like that's not on the cards right now.

Interested in diving deeper into my chart analysis? I suggest looking into the Smart Money Concept (SMC) for some insights.

#gerrard #Write2Earn #BTCHalvingApril2024