Who needs a crystal ball when you have Bitcoin's price chart? š® My previous analysis predicted a mixed bag, and boy, did it deliver! š¤Æ It's like Bitcoin was trying to win an Oscar for "Most Unpredictable Plot Twist" š¬
After consolidating within the range I identified ($60,280 - $61,217), BTC/USDT broke out to touch a high of $60,761.09, just shy of the upper Bollinger Band at $61,552 š. However, it failed to sustain above $60,916, and the bearish outlook took center stage š».
As predicted, a break below $59,734 led to further declines, targeting the $59,500 to $59,000 range š. But $BTC didn't stop there! It plummeted to touch a low of $58,738.84, breaking not only the support level of $59,734 but also the predicted bearish target š±.
Will Bitcoin reverse its fortunes or continue downward? Stay tuned for the next chapter in this wild ride! š And here's some exciting news: I'll be taking my analysis to the next level by adding trading signals! š That's right, you'll not only get in-depth analysis but also actionable trading ideas. Stay tuned for more updates!