BTC Weekly 20 MA Touch: Prepare for Volatility

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Bitcoin (BTC) has recently touched the Weekly 20 Moving Average (MA) and is currently trading slightly above this critical level. As we move into the next trading day, the 20-week MA is expected to shift upwards. This movement will act as a catalyst, potentially leading to significant price action in either direction.

Trading Strategy:

• Bullish Scenario: If BTC maintains above the 20-week MA with increasing volume, consider long positions targeting key resistance levels.
  
• Bearish Scenario: If BTC fails to hold above the 20-week MA and volume increases on downward movements, short positions may be warranted targeting previous support levels.