Bitcoin Rejected from Resistance
BTC has once again been rejected from the Bull Flag Resistance Line. I'm now expecting a significant correction, with BTC/USDT potentially testing the $45,000-$50,000 level before the next leg up.
Caution:
Avoid buying until the market stabilizes. Global uncertainty with war news is adding to the volatility.
Key Levels:
Support: $48,000
Resistance: $66,000
Bull market resumes if BTC breaks above $66,000.