$BTC analysis based on Higher Timeframe :

Hello everyone

Yesterday, I shared the BTC 1D chart analysis. Actually BTC broke the support 57820 yesterday. So I already said BTC will drop below 54300-51400 for 1D chart expecting target. I already said who has BTC holding try to sell and again buy in dip or when entering the bullish in 1D chart.

As per the 1W chart, BTC is already trading under bearish momentum. Bearish momentum already entered on July 08 while trading at 55831 . Currently has resistance 70081 . So when the resistance is broken it is possible to enter the 80k zone . But it will not happen this month I think. Because sellers are very strongly occupied with the market.

Let's see we may enter the 50k below.

Thank You

Author : @KingofBTC2024 (BinanceXTG)