$BTC - Daily price update:
Nothing much more to say from my previous analyses.
I see a neutral zone [HTF] between 61 500 - 57 100$, that's why the price is moving sideway.
The price remain bearish on the [H4] viewđ
The weekly view also looks bad, so if the supports are broken, we could see a sharp fall.
Lower key support: 56 200$ & 54 800 $ [W]
âĄïžTo resume:
The short term price may fall to grab liquidity and test the 57 000$ support zone đ
Then Im anticipating another bullish reaction. (maybe on the 3rd trend wedge pattern test? đ
The 56 100$ could also act as key support (Tenkan M).
If the #bitcoin price isn't able to hold above $56,000, then a drop to the $48,000 area would be highly possible! â ïž
