For $BTC
it's reasonable to expect a buy opportunity around the $54,000 zone for now. The #trendline near $52,000 serves as a crucial support level that could influence price action. Given that many shorts are targeting the $54,000 mark, there might be #upward pressure as these positions could lead to a short squeeze. If the price rebounds from this zone, it could signal a continuation of the bullish trend. Additionally, closely monitoring the market's reaction to this level, including volume and momentum indicators, will be important to confirm the strength of any potential upward move. 📈
what's your thought??
#BTC☀ #CryptoNewss #CryptoMarketMoves
i read you 👇