#bitcoin - Daily update:
Neutral zone [H4 - daily]
Daily support: 56 000$ - 56 100$
Upper key resistance: 59 100 $ and 59 600 $ (zone)
📉The price is moving quietly in the downward channel without any real buying pressure.
💡In the short term, it is difficult to know whether the $56,000 support will hold or not. But I think the $59,000 - $59,600 zone will be very difficult to break if it is retested.
➡️The next 2 weeks will be important to get a better medium-term vision.
Based on my HTF and daily configurations, I think there's a better chance of seeing another correction towards the $50,000 or even $44,000 area📉
💡As long as prices remain below $60,000 in weekly, I wouldn't risk a long-term/medium-term purchase.
💡My medium- to long-term analysis therefore remains valid.
Once again, I think the $44,000 zone will play a key role for the next big moves!
