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Bearish
market will make a impulsive move to the down side to remove weak hands (retailers) around 55-57k nd from there i will look to take long position #BinanceTournament #BTC☀ #btcupdates2024
market will make a impulsive move to the down side to remove weak hands (retailers) around 55-57k nd from there i will look to take long position
#BinanceTournament
#BTC☀
#btcupdates2024
BTC
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bitcoin
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hello guys 🤠 let's analyse BTC technical analysis. Short term, Aug 2, 2024 Bitcoin has broken through the floor of a rising trend channel in the short term. This indicates a slower rising rate at first, or the start of a more horizontal development. The currency is testing support at points 64000. This could give a positive reaction, but a downward breakthrough of points 64000 means a negative signal. Volume has previously been low at price tops and high at price bottoms. This weakens the currency. The currency is overall assessed as technically neutral for the short term. #bitcoin
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