For the past 4 Months, $BTC has been moving within the green box between the 60k and 70k Support and Resistance levels.

Until #Bitcoin  breaks either of these levels, no definitive conclusions can be made, so it’s better to wait and see. (Because trading is a game of patience.)

If Bitcoin Successfully breaks the 70k Resistance level, we could see a 30-40% bullish wave.

In a Bearish scenario, if Bitcoin breaks the 60k horizontal support and the weekly EMA21 levels, it could touch the 50k level in the coming weeks.

One more thing: as long as Bitcoin moves within the green box, it remains in a safe territory, and the Bitcoin bulls are in complete control.

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