💸What does the Bitcoin chart indicate currently? We'll explore this from two perspectives as we always do and explain which one we favor and why.

Looking at Chart , Bitcoin has dropped below the key support level of 59,500, which it held for about 61 days since breaking through on February 24, now falling below it again on May 1.
This current movement suggests a retest of the broken support, possibly followed by further decline to $51-48-45K as Current support range!. 🔽
Scenario A
https://www.tradingview.com/x/O52eKW4G/

🔼On the other hand, viewing the chart differently, Scenario No. 2 suggests a pattern of Higher Highs (HH) and Higher Lows (HL), which is typical in the market, indicating this movement might be part of another upward wave rather than just a retest. Scenario two could come into play if Bitcoin starts a recovery and closes above 63,000 weekly. This would require us to adjust our approach accordingly.
Scenario B
https://www.tradingview.com/x/0OPiCXR2/

Though experienced traders can spot many patterns on charts, clear conditions are crucial for informed decisions, avoiding confusion. ⁉️

Both scenarios are very realistic and have a similar incidence 🔢
But on a personal level, and we tend towards the first scenario more due to the closure and the monthly performance of Bitcoin. On the other hand none of us can impose his opinion on the market. Everything you see is a way to evaluate things, and in the end we all follow the market. Sometimes it may be your opinion be the right choice and sometimes it is not. so you must always be prepared for what may happen and have a plan that contains two scenarios, which helpful and makes you flexible in a market characterized by extreme fluctuations.

Currently, we have a buy order activated at 56,800, which is profitable 💵. We're waiting on other orders in areas with strong support and demand to activate. We enjoy watching the market and profiting from our entries.

🖥 Take time to understand our analysis before making judgments. Do your own research before trading based on our signals—it's your decision and risk.

🔔 It is important to know that mistakes can occur, and outcomes can vary, whether positive or negative. We do not possess any supernatural abilities, and all information provided here is free of charge. Every scenario we present carries the potential for success or failure.

Before making any decisions based on the information provided, it is essential to use your own judgment and analyze the charts to determine if you agree with the assessment or not.

Regardless of your bullish or bearish sentiment, it is crucial to recognize that you cannot impose your opinion or force it to become reality. Therefore, be prepared for various outcomes.

Please be aware that we do not engage in shorting Bitcoin, so if you choose to short based on the information above, it is entirely at your own risk.

We take responsibility for what we write, but we cannot be held responsible for your interpretation. Therefore, exercise caution and carefully read and understand the information provided.

📖 Please take a moment to peruse our user guide before deciding to follow us. Your understanding is valued! 👇✨
https://prnt.sc/XbrZNK9yHYMf
https://bit.ly/3gbsILg

Best of luck with your trades! 🙌
Wild Bitcoin™
🙏we ask Allah reconcile and repay🙏

🗣️BTC is approaching a retest zone around $62,000 to $63,000🕯. As we explained earlier, there are two perspectives for the current movement, and we clearly favored Scenario A 📈📉. If you haven't read the last update, you can check it out above .

Our entry at $56,800 was a nice catch and resulted in good profits, but sometimes these accurate entries can cause you to miss opportunities, like the recent rebound from $59,000 while our entry was at $58,850.
Thankfully, this time the price dropped to $56,600, which was another $200 difference but worked in our favor to active our entry at $56800.

📖 Please take a moment to peruse our user guide before deciding to follow us. Your understanding is valued! 👇✨
https://prnt.sc/XbrZNK9yHYMf
https://bit.ly/3gbsILg

Best of luck with your trades! 🙌
Wild Bitcoin™
🙏we ask Allah reconcile and repay🙏

#BTC $63K 🔥🔼
https://www.tradingview.com/x/aUHE22Li/

💸BTC performed well with a weekly close at $64,000🔼. This rapid recovery from the recent dip to $56,600 demonstrates the strength of the bulls and their ongoing momentum. However, this movement contradicts our personal view (Scenario A) and aligns more closely with Scenario B, the opposite perspective.🙂

Despite this positive movement📈, bulls need more than just a weekly close above $64,000; they require stability and further breakout progress to confirm a sustained upward trend. It's noteworthy that prices briefly broke down last week but did not sustain below the broken support level, highlighting the importance of stability for confirmation.

Currently, we are monitoring the market's movements closely. If our initially anticipated scenario fails, we will provide an update promptly without any oversight.🔍

Our entry from $56,800 is now showing profits of nearly +15%. We will continue to assess the market for any favorable opportunities and keep you informed. Stay safe!

📖 Please take a moment to peruse our user guide before deciding to follow us. Your understanding is valued! 👇✨
https://prnt.sc/XbrZNK9yHYMf
https://bit.ly/3gbsILg

Best of luck with your trades! 🙌
Wild Bitcoin™
🙏we ask Allah reconcile and repay🙏

Final Test 📈⚔️📉

BTC has spent approximately 9 days hovering above $60,000, but finally, the bulls made a move and pushed it back up to $64,000. This movement marks the second retest of this zone following the quick dip to $56,600 on May 1st. The current performance reflects positive momentum from the bulls. The real test will be a breakout above $64,000 to $67,500, followed by stability at this level to reinforce bullish strength. However, if there is another rejection, the $59,000 zone will serve as the last strong defense line for the bulls in the short term.

Previously, we discussed two movement scenarios (A & B), with Scenario A being our personal bias. Scenario A suggested that BTC might drop below $56,000 and reach $53,000 to $45,000. We identified the key failure point for this view as reclaiming $64,000 and maintaining stability above it, which did not occur during the last test when BTC faced rejection at $60,000 again, followed by a rebound to $65,000 currently.

The question now is whether the bulls will succeed in breaking out this time or face another setback. This zone represents a real test for the bulls, and a breakout of $64-67500 would provide significant confirmation of bullish momentum in the market.

If we review the market setup, we can observe a bullish Head and Shoulders (H&S) pattern that we have been tracking (inside) since $62,000.
https://www.tradingview.com/x/fZ4l54dj/

While we leaned towards a more bearish movement (Scenario A), which seems close to failing based on current market trends, we adapted well to the market and traded from $61800 (Avg buy)based on chart developments. This highlights the real benefit of trading with a plan and having predefined scenarios for market movements. Although unexpected market conditions can arise, having multiple scenarios (A & B) allows for more flexibility and adaptability in trading decisions.

Currently, we are closely monitoring the performance at this critical zone, which could mark the beginning of a strong bullish wave leading to the achievement of H&S targets, or alternatively, a pullback and another failure.
https://www.tradingview.com/x/DxvAE11k/
Fortunately, we activated two trades during recent dips from $56,xxx and $61,xxx, both of which are running in good profits alongside the long-term trades we had since October to December 2022.

🖥 Take time to understand our analysis before making judgments. Do your own research before trading based on our signals—it's your decision and risk.

📖 Please take a moment to peruse our user guide before deciding to follow us. Your understanding is valued! 👇✨
https://prnt.sc/XbrZNK9yHYMf
https://bit.ly/3gbsILg

Best of luck with your trades! 🙌
Wild Bitcoin™
🙏we ask Allah reconcile and repay🙏

#BTC 📈⁉️📉
After a massive move by the bulls and a breakout above $67K, completing the H&S pattern we discussed in the last update, Bitcoin surged to $72K. This move generated substantial gains for our trades and most pairs in the market, especially with the approval of the ETH ETF.

However, the market soon showed a decline, prompting us to question the coming period's direction. Will Bitcoin fall again below $60,000, ending the dreams of a bull season? Or will this decline be a temporary pullback, allowing the bulls to regroup and make the final breakthrough to achieve a new peak?🔍

On the monthly frame, we see a strong recovery for the bulls and a good candle if the price closes around $68,000 or higher. However, on lower time frames, the performance is mixed,🕯 showing both strength and weakness. In such a case, stability above the main levels is crucial to determine the next move. Currently, the bulls must defend two key levels: $64,000 and $60,000. They must hold these levels firmly to advance and achieve new highs.➡️

On the daily chart, we may see the formation of a bullish head and shoulders pattern. If completed, this pattern could put the bulls in complete dominance, potentially pushing prices to new peak levels such as $85,000 or higher. All of this depends on the bulls' performance and the stability above the key support levels mentioned, as well as the monthly close.
https://www.tradingview.com/x/yM0JkQR6/

At present, we will trade based on the expectation of stability above $64,000, consistent with the latest buying numbers published before this update. However, if the decline accelerates and the monthly close is unfavorable, indicating a drop in bulls' strength and control, 🏋️‍♀️ we will issue a quick update to terminate this trade if things do not go as planned.


🖥 Take time to understand our analysis before making judgments. Do your own research before trading based on our signals—it's your decision and risk.

📖 Please take a moment to peruse our user guide before deciding to follow us. Your understanding is valued! 👇✨
https://prnt.sc/XbrZNK9yHYMf
https://bit.ly/3gbsILg

Best of luck with your trades! 🙌
Wild Bitcoin™
🙏we ask Allah reconcile and repay🙏