DECISION TIME FOR BITCOIN! 17/3/24

17. März📈💡 The Previous All-Time High of Bitcoin from 2021 remains a critical milestone on our journey. Will we conquer it and close above on both weekly and monthly charts? ⏳📊 In less than 4 hours, the weekly verdict will be in, while just under 2 weeks await the monthly decision. 📆🔍 Failing to surpass this level could trigger what I term a "range deflection," leading to a downward rotation within our current range. 🔄📉

For bulls who entered at 15k, this moment is pivotal—deciding whether to secure profits. 💰💭 Meanwhile, those who endured the bear market now see green, pondering whether to cash out or aim for the elusive 100k mark. 🐂🚀 Newcomers tread cautiously but with optimism, eyeing potential gains. 🤔📈 With millions of traders on edge, the stakes couldn't be higher. 💼💥

A failure to close above, coupled with a bearish shift in market structure on shorter timeframes (4h, daily), might signal a significant retracement for Bitcoin. 📉🚨