$BTC Price Update โœ๏ธ

๐Ÿ‘‰ The main trend remains bullish on the monthly and weekly views ๐Ÿ“ˆ

๐Ÿ‘‰ Zooming in on the daily timeframe, the price is pretty neutral and moving within a bearish channel.

๐Ÿ‘‰ The $65,200 - $65,000 resistance is a significant level to break.

๐Ÿ‘‰ We are likely at a local top here! ๐Ÿšจ

๐Ÿ‘‰ I foresee a retest of the $60,000 - $59,000 support zone ๐Ÿ“‰

๐Ÿ‘‰ Key resistances to watch: ๐ŸŽฏ

$65,200 - $69,500 - $72,000

๐Ÿ‘‰ Local key supports: ๐ŸŽฏ

$62,900 - $58,500 - $55,800 - $53,500 - $52,000

๐Ÿ‘‰ In the long term, as long as the weekly price holds above $56,000, the chances of seeing a new ATH are high ๐Ÿ“ˆ

๐Ÿ‘‰ A weekly close below $56,000 could lead to a retest of the $50,000 or $48,000 support zone โ—๏ธ

Keep an eye on the $65,200 zone!

#ETH_ETF_Approval_23July #Mt_Gox_BTC_Dip #BinanceTurns7 #SOFR_Spike #US_Job_Market_Slowdown