$BTC Update | Supply & TL Resistance in Focus The last predicted dump played out as expected ✅ Price reached the demand zone and recovered from there, but the bounce is now approaching a critical supply zone that aligns with trendline resistance. A rejection from this confluence could trigger another leg to the downside. However, bulls need to break above this hurdle and sustain the breakout to shift momentum in their favor. Key Levels to Watch - Rejection from supply and TL resistance: Downside continuation remains likely. - Breakout and sustained hold above resistance: Could open the door for further upside and some relief across altcoins. The reaction here is crucial. Until this resistance is reclaimed, caution remains warranted.
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