BITCOIN: A Possible Rejection!!!
2024-10-30

BTC didn't hit the ATH but did rally as high as $73,620, aligning with our weekly analysis. The BRR pattern played out well.

On the weekly timeframe, BTC needs to break above the all-time high resistance to sustain its bullish momentum. A weekly close below this resistance could result in a possible rejection.

Looking at the daily timeframe, BTC is likely to face a rejection around the $68.8k to $69k range.

In my next update, I'll cover altcoins, so stay tuned and trade safely.

Setup for SHORT entry:

~ Entry: $72,800 to CMP.
~ Stoploss: $74,500.
~ Leverage: 10x.
~ Target: $68.8k.

Do your own research and analysis before investing.