Bitcoin has been showing some intriguing behavior lately, hovering near key resistance levels. But what does this mean for traders in the coming days?
Trend Analysis: On the hourly chart, BTC seems to be forming a bullish flag pattern, indicating a potential breakout if resistance is surpassed.
Support Zones: The
$X level remains critical support on the daily chart, with $Y as the next fallback zone for buyers.
Market Sentiment: With the Fear and Greed Index leaning toward greed, caution is essential. Over-leveraged positions could face risks if retracements occur.
Strategy Tip: Short-term tra