#BTC Analysis
For 6 days, the resistance between 61k and 63500, especially 61k, has not been passed and the daily close has not been closed. Right now, it has taken the FVG area of 69900, which is 57300-57900, where it made the previous rally, but the candle structure has started to make a downward trend in the daily. On the 7th day, that is tomorrow, if the same structure is broken, the needle may come to the daily support area of 55800-56100. If the return reaction it will receive from here provides sufficient volume, 61k will be exceeded, the target will be 66600-67k this time. Don't wait, the structure is not broken. It has been 3 months and we are in the 4th month. It is necessary to make trend-oriented transactions and buy and sell prices to be careful about are 55k, 61k, the nearest major support, 55k, resistance, 61k, half of the board is long and half is short, there is a 50 billion USD buy order in the 40-42K price range, that's why we can't get out, war bells, blood etc. we are falling and it is not healthy at all If the Fed says interest rate cut, maybe we can get a volume from the middle, US markets are now determining the direction significantly, if the Fed says interest rate cut, we can get a good volume, no one is buying high, big market maker institutions are not buying strongly but their sales are strong.
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