🚨🚨 Emergency Update on #BTC 🚨🚨
👉As everyone knows,👀 $BTC previously hit its all-time high at $73,700. Since then, it has been on a gradual decline.⚠️
👉 Currently, there's a lack of volume in the #BTC market, even after the halving event. 👉Additionally, the news of @CZ's 4-month jail sentence caused the market to drop significantly to the $56,500 zone.📈
👉Technical Analysis:
➡️All-Time High $BTC: $73,700
➡️Last Reversal From: $56,500
➡️Major Resistances: $64,500 - $69,800 - $72,650 (ATH)
🚫 Personal Opinion:
👉Avoid trading this week. Start fresh next week and take some rest.
👉The market is at a crucial point with bulls showing little interest and bears slowly gaining control.
👉If BTC continues its downward trend, it may retest the $58,850 support area. The key local support is at $56,500. If this level breaks, the next stop could be the $50K - $52K zone, with $48,000 being a critical area for BTC.
👉 followme for more updates and Get your wallets ready—we're aiming for the moon!
