‼️We are observing significant changes on the daily BTC chart

The correction phase has been ongoing for more than 100 days, and all indicators have sufficiently cooled down. The trend is clearly downward, characterized by lower highs and the anticipation of another lower low.

Yesterday's close was below the 65500 - 63450 range, indicating a likely decline to 60k, and further down to the support block of 55785-58k, where the correction is expected to end. 📉

As long as the daily candles close below 65500 - 63450, the downward trend will persist. The next significant level on the daily chart is the psychological threshold of 60k, which is expected to provide a bounce, though not surpassing the 65500 - 63450 range. After this bounce, I anticipate a continued decline to 55785 - 58k.

It is unlikely to drop below 55785 - 58k, but it is important to consider the possibility of further declines to 53500 - 51800, 48500, and 44700 - 43700. ⚠️
#BTC☀ #crypto2024 #InvestSmartly