$BTC Price Update โ๏ธ
๐ The main trend remains bullish on the monthly and weekly views ๐
๐ Zooming in on the daily timeframe, the price is pretty neutral and moving within a bearish channel.
๐ The $65,200 - $65,000 resistance is a significant level to break.
๐ We are likely at a local top here! ๐จ
๐ I foresee a retest of the $60,000 - $59,000 support zone ๐
๐ Key resistances to watch: ๐ฏ
$65,200 - $69,500 - $72,000
๐ Local key supports: ๐ฏ
$62,900 - $58,500 - $55,800 - $53,500 - $52,000
๐ In the long term, as long as the weekly price holds above $56,000, the chances of seeing a new ATH are high ๐
๐ 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