April 25, 2024

Time to choose, Bitcoin.

This is the key point.
The price is squeezed on both sides and now she needs to make a choice. From below does not give Bitcoina strong support line falls, and a resistance line from above does not allow it to rise.
Now just break through one of the lines.
If the support line is broken, I expect a quick impulse down to the support level of 8940 near the support line.
If the price breaks through the resistance line, I expect a smoother rise to at least the resistance level of 12000 (at the intersection with two resistance lines)

Time to choose, Bitcoin.