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$BTC Important Update ‼️
We are watching two major price levels for Bitcoin: $94,000 for a move up and $85,000 for a move down. But which is more likely to happen?
📈 Bullish Scenario (Upside)
Look at the chart below!
$BTC is forming an Ascending Triangle pattern.
An Ascending Triangle is typically a bullish pattern, meaning a breakout is likely.
If BTC breaks above the $94,000 resistance zone, this will trigger a strong rally.
The price could then quickly move toward the $98,000 to $100,000 range.
Conclusion: There's a high chance we will see this breakout.
However, we must also plan for the opposite, because "this is crypto, and anything is possible."
The second scenario is a breakdown.
If
$BTC breaks below the $85,000 support level, we may see a significant drop.
The price could then fall back toward $80,000 or even lower.
🛡️ Safe Trading Plan
To play it safe and trade with more confidence:
Go Long (Buy): Enter your long position after the price clearly breaks and stays above $94,000.
Go Short (Sell): Enter your short position after the price clearly breaks and stays below $85,000.
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