#BITCOIN ALERT!

Bitcoin poised for significant downturn due to overbought marketResistance at mid-range, 0.618 Fibonacci level"Dead cat bounce" scenario likely, with prices falling againTurn $72k into support to invalidate bearish outlook4-hour chart shows ABC correction phase, targeting 0.618-0.5

Golden Fib zonesBearish scenario: below July 8 low, targeting $51,450-$48,054Stay vigilant and informed! #BTC #TechnicalAnalysis #ETH_ETF_Approval_23July #BinanceHODLerBANANA $BTC