๐Ÿ›‘๐Ÿ›‘๐Ÿ›‘ Bitcoin urgent urgent very urgent update 58k or 70k??

๐Ÿ‘‰So everyone of you is finding the next direction of btc that will it dump below 60k or go to 70k or it will stay in range of 60k to 70k

๐Ÿ›‘Market history

๐Ÿ‘‰FIRST of all due to etf market pumped to above 60k but when many people saw btc going so up a large number of buyers comes and btc instead of staying near its original value 60k pumped to 74k in simple words btc was overbought

๐Ÿ‘‰It needs a correction because it was continuously losing its power above 70k so it dumped from 74k to near 60k area where its original value lies

๐Ÿ›‘ Current update

๐Ÿ‘‰If you think market is recovered then you are wrong the pump you are seeing its just due to weekly closing bulls trying to give good weekly candle closing

๐Ÿ‘‰The chanes of recovery will be high if it give closing above 68500 or 69k because 68k to 69k area is giving resistance

๐Ÿ‘‰2 failed attempt to break this area

๐Ÿ‘‰ Looking bearish on weekly time frame

๐Ÿ‘‰So inshort this pump is temporary due to weekly closing if weekly candle closed above 68500 area or near then chances of soon recovery otherwise same like last 2 week pump or dump or even 58k

๐Ÿ‘‰Currently btc settling down things after pump like price correction and retesting supports

๐Ÿ›‘ Don't forget to give tips and like post if you like my analysis and updates

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