#bitcoin - daily update:
Compare to yesterday, nothing changed.
Prices might continue to move sideway between the 69,800- 67,500$ zone ⏳
The current price touched again the H4 resistances [ichimoku] & it can be another bearish retest⚠️
Hence, I expect another dump to visit the 68,000$ zone again {short term) 📉
Regarding the mid term view, if we zoom on the weekly chart, a retest of the 64,000$ - 63,500$ area make sense.
As long as #bitcoin☀️ price is stuck below the 70,000$ level on the weekly, another dump & new low will probably be see ⚠️📉
For an healthy bull run, a weekly close above 71,600$ is required!
💡Monitor the red resistance & the wedge pattern. (trends)
💡We may see a lot of pump and dump for some hours. I recommend you to reduce your targets during that period.
