BTC weekly update: which pathway ?

BTC / USDT

On weekly view BTC is bouncing from 200W EMA and currently is retesting the previous strong S/R

This area mainly for watching

Scenario 1: Breakout
Make strong breakout and close weekly above 36k then we can see new bullish move again

Scenario 2 : bearish retest
If we see strong rejection here with loss of 28k again this time i think we will head much lower levels


Based on reaction here we will know the next move

What do you think the most possible scenario ? Share with us in comment section below