#Bitcoin is currently encountering resistance. Is it a liquidity hunt around the all-time high (ATH), or a genuine breakout? Nobody knows for certain! We're in a waiting game. Based on previous charts, we seem to be leaning towards Scenario 1.
A break and close above this level could potentially trigger a rally to a new ATH. Fingers crossed for a positive outcome! 🤞
Caution:- With just 10 days to go for the Halving, it's crucial to note that corrections often occur around halving dates. Exercise caution with your leverage positions. I am spot long and ready to load any dips in Altcoins!
Conclusion:- While BTC appears poised for a breakout, it's crucial to acknowledge the possibility of a correction in this area. I'll ensure to keep you updated, so please remember to hit the like button and bookmark this chart for future reference! 📈