BTC - Two Possible Scenarios ↕️

Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

BTC has been boring this past week hovering inside a narrow range.

📈 For the bulls to take over, we need a break above the 44,300 structure marked in blue.

In this case, a movement till the 48k - 50k would be expected.

📉 In parallel, if the last major low at 41,850 marked in blue is broken downward, we will expecting further bearish movement till the 38,000 support.

For now, we wait ⏱

Which scenario do you think is more likely to happen? and why?.

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich