#BTC_Report DAILY REPORT BITCOIN & MARKET UPDATE MTF 4H: On | Crypto Signal Leaks
#BTC_Report
DAILY REPORT
BITCOIN & MARKET UPDATE
MTF
4H:
On the 4-hour timeframe, the BPRO Momentum Bands reflect Bitcoin's price action. After a 20% surge, momentum has slowed, leading to sideways movement.
A breakout above $31,300 could lead to more volatile trading, perhaps eventually reaching the next significant level of $40,000.
If Bitcoin breaks below $29,400 and closes below that level, it may indicate a short-term decline to $28,840 or $27,150 (-11.18% drawdown measured from the current price).
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