CryptoPatel

Bitcoin Short term Bull Flag in LTF so what next..?

Long
BYBIT:BTCUSDT   BTCUSDT SPOT
#BITCOIN Short term Update:

#BTC currently trading at $55400+
And now trading range between $53800-$56000

This is important zone for short term.

Now what will do..?

So guys this is Bullish flag in 4 hours chart.

We can expect some downtrend towards $49000

But but but

More probably also breakout upward side.
So if Breakout $56634 level then Ready to the moon and Target will be $70000

So wait for breakout.

So in simple way scenario :-

If breakout $56634 then ready to $70000
Otherwise we can retest support at $49000

Support:- $54898/$53500/$49000
Resistance:- $56634/ Moon 🚀

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