There is another Bearish BPR zone below the current price.Bitcoin / TetherUSBINANCE:BTCUSDTPeter_WadeBTC/USDT Market Update β Clear, Detailed, and Easy to Understand (Even for Beginners) Letβs take a look at whatβs happening with Bitcoin (BTC/USDT) right now explained in a way that even someone new to trading can follow along and understand. Recently, Bitcoin hit a new high it was climbing up steadily. But then, due to negative global news related to war, the market took a hit and started dropping sharply. Currently, BTC is trading at a (BPR) this is a technical area that often acts as a strong resistance zone, where the price tends to face rejection and reverse. π Right now, Bitcoin is struggling to move higher and appears to be getting rejected from this BPR level. But hereβs where it gets more interesting: π» There is another Bearish BPR zone below the current price, and the market has already touched that zone once before bouncing upward. So what's the current situation? π If Bitcoin is able to break above the current Bearish BPR (the level where itβs trading now) β it would be a bullish sign, and the market may start rising again. π However, if BTC fails to break this resistance level, then we could see another strong move to the downside, possibly heading back to lower support zones. π¨ Key Takeaway: This level β the one BTC is currently interacting with β is very important. π Traders should keep a close eye on it. π Let the market reveal its direction before making any decisions. Remember: β οΈ This is not financial advice. Always Do Your Own Research (DYOR).