#bitcoin - daily price update:
Prices remain on the bul territory on the weekly view
Neutral zone daily⏳
Bearish breakout H4📉
Bearish signal H1 with a clean retest📉
Regarding the next hours, the bear trend move should continue!
Lower support that will probbly be tested: ⚠️
67,400$ - [66,500 - 66,300$] zone
The weekly candle looks actually bad for the bull with the large tail, indicating a possible strong bear move for the next weeks!
In my opinion, time are in favor of the bears, and we could see a test of the 64,000$ - 65,000$ zone in the near future.
Zooming on the daily view, as long as prices are moving above the 64,000$ area and the local uptrend there is nothing to worry for the bulls. Beware, however, of the strength of the downward movement, which could become more pronounced!
Any bad new's to be announced? 🥶
#BTC #BTC☀
#bitcoin☀️
#BTC500K