$BTC Technical Analysis
After the breakdown of ascending triangle, bitcoin continuously making the move downward, as per the triangle breakdown bitcoin $BTC will likely to test support area of 56000$.
I'll pick a long from 55k$-56k$ and i'll keep it till atleast 58k$-59k$. The long term scenarios for bitcoin are still bullish, the market is going down to grab the liquidity before the rates cut announcement of #FED in September.
The bearish scene will occur in two phases.
1. #Trump the Pro Bitcoin will lose the election the market will sure fall to below 40k$.
2. If the #TON Founder will have to file liquidity the #bitcoin will fall below 50k$.
