$BTC

KEY LEVELS ⚠️🔎

Recent selloff has brought the price back to test the resistance area around 53k.

What’s next?

Demand emerged around 53k, which is a positive sign.

However, this is a key area that we are likely to test again.

If we lose this support, the price could drop towards 44k, or even lower in the event of very negative news.

Until there is a clear direction or a loss of strength in the bearish trend, I advise staying out of the market.

As always, PATIENCE ⏳️

#bitcoin #altcoins #bearish #MtGoxJulyRepayments