#BTC/USD Quick Update 4H-Frame S & R Chart Update #Bitc | CRYPTO COACHING |BINANCE SPOT & BYBIT FUTURES|

#BTC/USD Quick Update
4H-Frame S & R Chart Update

#Bitcoin exactly has followed our 2'nd scenario (Dotted arrow) till now and currently is trading around the 20000$ range.
Actually, it is consolidating inside a rectangular zone for the past few days by going low to our current bottom @ 19500$ (lower support zone) and bouncing up to our current top 20600$ (Upper resistance zone). We saw a nice bounce from our support yesterday and now we can see it is breaking the falling wedge pattern at 4H-Frame.

If we can break out of the upper resistance zone and closes above there, then that is a bullish sign for us (High Probability). Otherwise, if it breaks down the lower support zone and closes below there, then that is a bearish sign for us.
The next days will be crucial for Bitcoin's short-term future.

Stay tuned everyone! Good trades are upcoming.

https://www.tradingview.com/x/T2FTNcSR/

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