$BTC UPDATE đž 05/08/24
Good evening đ
As you all know currently btc trading above 54k approximately. Now, what's happening right now we all know very well, so we'll not discuss more about it.
Now, currently btc trading on support levels that is 54.2k to 52k approximately đ this support is strong currently. And we have resistance at 55.5k to 56.6k approx in short and strong resistance is 58.5k approx.
Now, According to chart If it closes inside the dotted line then it will be good đ and if gives close above Blue upper zone the price is 56.5k approx then it will be more bullish sign
If btc closes below 53.3k then we can see more dump towards 49k to 45k
Approximately. this will happen only on, if again negative news comes then.
Well, trade safe use low levrge always đ we have to wait for tomorrow closing#BTCMarketPanic #MarketDownturn #ETH_ETFs_Approval_Predictions
