🥷🏻BITCOIN UPDATE - JUNE 29
BTC is still consolidating at the same level and has recently been rejected at our upper red line, approximately 61,140. If it breaks above this level, we will look towards the upper resistance at approximately 61,700.
As mentioned earlier, the 1-day chart closed bearish. However, if BTC reclaims above this level, it will be a positive sign. 👍
**Summary:**
Currently, BTC is in a BEARISH phase,However, if BTC breaks above 61,140 and subsequently above 61,700, the trend could turn BULLISH.
