Will BTC manage to give a weekly closing above the historical resistance trend line at 69,500?
It doesnt look possible for this week closing , but who knows for next week closing above 69,500 or 69,900.....
We did not have break out of BTC in this week too above 69,500-69,900. But we can not say BTC is going down from here , it is the start of new month now and Hopefully we get some big move in November 2024....
For now based on daily candle closing , If daily candle closing 5am (PK Time zone) happens above 68,350 Then next obvious move of BTC will be towards 69500 . at that point we will be in a position to say if a break out is going to happen or not.
Till that , Trade safe ❤️✅
