📉 #BTC in a Critical Situation!🚨🔍

⚠️ BTC ALERT 12/27/2023

• On the 4-hour time frame, BTC is stuck in a limited move between the $44,500 and $40,500 zone.

• BTC has already broken the support zone and is currently in the retest phase.

• If BTC passes the retest in the $43,450 – $43,600 area, and rejects successfully, a downward move towards $40,000 could occur.

• Invalidation of this scenario would be if BTC breaks the 4-hour resistance zone at $43,450 - $43,600 with massive buying volume and passes the retest, leading to higher prices.

• The overall context suggests a bearish trend, partly due to the panic of Mt.Gox selling its holdings, news which is currently spreading.

• It is crucial to use stop-loss orders for your short-term trades.

Stay vigilant and follow these developments carefully! 📉🚨 #AnalyseBTC #Bitcoin #BTC