Bitcoin / Tether

BTCUSDT

2919
Hello Traders! 👋
What are your thoughts on BITCOIN?
Bitcoin remains in a neutral and range-bound trend, currently trading below a key resistance zone. At this stage, two possible scenarios can unfold, as illustrated in the analysis:

1. Bullish Scenario: If the price successfully breaks above the resistance level, it could signal a continuation of the uptrend. In this case, entering long positions after a confirmed breakout would be a more strategic move.
2. Bearish Scenario: If Bitcoin fails to break the resistance, a rejection could lead to a decline towards lower levels. Therefore, it is advisable not to enter buy positions until the breakout is confirmed.
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