#Bitcoin - price update:
📌As predicted in my analysis of 06-13, bullish pressure remains weak and a downward trend is slowly taking hold!📉
The H4 view is bearish , and on a daily basis, the price should continue to fall, probably towards the main trend line around 58K📉
Key supports to watch on 🎯:
62 000$ - 60 000$ & 58 000$ zone.
📌Again, I'm still bullish on the long term because the main trend remains bullish.
We can clearly see that a double TOP weekly is taking shape. My analysis remains the same and I think that in order to have a breakout from the new ATH and a healthy bullish continuation, a retest of the $51,000-$48,000 area must be made! [See the last chart]
Personally, I expect a bullish cycle by the first quarter of 2025. I'm a long-term DCA investor and I'm not reselling my favorite altcoins! 🚀
Please be patient on your investment! ⭐️⭐️⭐️
