Update BTC on July 6, 2024
- Frame D: $BTC has broken through the support zone 58k - 56k6 going down. The candle closes below the EMA200. Bad scenario for $BTC .
- Frame W: $BTC is completing the 2-peak model. If on Monday morning the candle still does not withdraw strongly. If you close the full red candle with a long body like the current one, there is a high possibility that the market will continue to Dump.
Wish you guys a good weekend