📈Bitcoin price surpasses resistance, reaching $45,000.
📉Expecting a drop before the real bull run.
💹Significant liquidity at $45,000 resulted in a short squeeze.
📉Price currently testing resistance at $49,100.
📊Bearish signals on the weekly and daily timeframe.
What is the target price for Bitcoin?
—The target price is uncertain, but we may see a move up to $50,000.
Is now a good time to buy Bitcoin?
—We are expecting a drop, so it might be wise to wait for a better entry point.
What are the indicators used in the analysis?
—TC top and bottom finder, price versus well money flow, and trades in favor indicators.
Are the trade signals exclusive to Trade Confident members?
—Yes, the trade signals are provided to Trade Confident members with careful risk management.
Where can I find more information?
—Join Trade Confident for future forecasts, trade setups, and live coaching sessions.
00:00Bitcoin price has reached $45,000, surpassing resistance.
03:09The market is expected to experience a drop before the real bull run.
06:36Analysis of charts and indicators indicate bearish signals on the weekly and daily timeframe.
08:19Potential target price of $50,000, but caution is advised.
09:59Trade Confident membership provides access to trade signals, future forecasts, and live coaching.
