💰 Bitcoin is attempting to close the CME gap between $40.3k -$39.6k.

Holding Long from $41k.. A rebound from approx $39,000 would be positive 📈, but closing below this level could signal a bearish trend. 📉

💰 CME Gap has been filled, Expecting bounce from here 📈

If daily candle closes below $39k then game over for the bulls.

💰 The Game is over for bulls, $39k support has been lost.

The support level at the CME Gap has now become a resistance level.

Bitcoin has fallen below the 100-day EMA, The next target is the 200-day EMA.

💰 #Bitcoin is Testing the resistance level before continued decline.📉📉

Bullish only if it breaks and maintains above $41,300.

💰 Ethereum is on the verge of breaking below its key support level, $2200 is horizontal and trend-line support.

Possibility for a 10% to 20% dump once support is broken.

💰 79 days left until the #Bitcoin halving, and a major correction 📉 is expected before the event.

As Bitcoin hits 61.8% FIB Level at $48.5k so Possible correction from here is 40% - 50% as per previous cycle :

- 30% drop to $34k

- 40% drop (2016 Cycle) to $29k

- 50% drop (2019 Cycle) to $24k

Historically there is no major correction after halving event, Only UP 🚀

So Be ready to buy; this likely to be the best opportunity before bullrun starts.

💰 Do Not Trust The Weekend Pump.

All high leverage shorts are wiped out and the #Bitcoin hits trendline resistance.

Send it back to $40k next week.

🆘 The biggest selling pressure by miners since May 2023

“In total, more than 4000 bitcoins flowed to spot exchanges, around $173 million in selling pressure.”

📊 FOMC TODAY : The Fed will announce its first interest rate decision in 2024.

Markets predict 97.9% that the regulator will keep the rate unchanged.

💰 Bitcoin broke the yellow trend line but couldn't close above it as expected, indicating a bearish sign for Bitcoin.

In past few weeks, All four attempts to break out were unsuccessful and ended up being false signals.

It seems the market is attempting to trap as many traders before a Massive Move.