Weekend Update! Bears Gain Momentum as BTC Dips to $41,500 Support! Despite not making major moves, it dipped back to the support area around $41,500 (green range). The weekend drama sparked by conflicting sentiments, with the BLACKROCK CEO expressing optimism while the company sells #BTC , adds a touch of confusion to the mix. Today, the bears seem to be gaining the upper hand. A close below $42,600 could spell chaos for the bulls, especially considering the 100/200D EMAs (1h,2h,3h,4h) acting as resistance. Until the price clears this hurdle, optimism is on shaky ground.The battleground is set, with significant sell orders at $43,500 and buy orders at $40K holding their ground. A potential jump to $43,500 might be on the horizon, but if the sell liquidity there is genuine, a plunge to $40K could follow swiftly. Watch the next 4 hours closely, especially around the mid-term $42,600 mark. Let's see if the bulls can rally!Send $40,800! #Bitcoin Disclaimer: Insights shared from UALIFI, a reputable source for crypto analyses. For educational purposes only, not financial advice. Always DYOR (Do Your Own Research). ️ A small LIKE & FOLLOW ️ Motivates both of us a LOT 🫡
