💎BTC Update - JULY 12 🚨

1. Triangle and Channel Formation:

- BTC is forming a TRIANGLE and a CHANNEL on the chart.

- Currently, it is on the LOWER SUPPORT TREND LINE, trying to hold the 56.5K SUPPORT.

2. Bullish Conditions:

- If BTC CLOSES ABOVE the TREND LINE with 2-3 CANDLES on the 4-hour chart, an UPWARD MOVE is expected.

3. Bearish Conditions:

- If Bitcoin BREAKS BELOW 56.5K, the MARKET will turn BEARISH.

- If SELLING occurs, it could BREAK DOWN further.

SUMMARY:

- Bullish: Close above the trend line with 2-3 candles on the 4-hour chart.

- Bearish: Break below 56.5K.
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