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✅ Bitcoin Update (Continuous) ▫️Bitcoin has once again begun to decline and has broken its immediate support level of $63,500 because it failed to hold its position there. ▫️It is moving within a falling wedge pattern and has been rejected from the upper trendline. ▫️It is possible that Bitcoin may revisit the $60,600 level, or even fall further below it. Stay tuned for more information!! 🚀 $BTC #BullorBear #cryptoease

✅ Bitcoin Update (Continuous)

▫️Bitcoin has once again begun to decline and has broken its immediate support level of $63,500 because it failed to hold its position there.

▫️It is moving within a falling wedge pattern and has been rejected from the upper trendline.

▫️It is possible that Bitcoin may revisit the $60,600 level, or even fall further below it.

Stay tuned for more information!! 🚀

$BTC #BullorBear #cryptoease

Avertissement : comprend des opinions de tiers. Il ne s’agit pas d’un conseil financier. Consultez les CG.
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📍Bitcoin Update 🔹Bitcoin faced rejection around $63,500 and is currently experiencing a downward trend. 🔹The next potential support level for Bitcoin is around $60,500. 🔹The outflow from Hong Kong ETFs has impacted Bitcoin's price, but the negativity may not persist for long. 🔹Major banks like JP Morgan and other institutes are buying Bitcoin ETFs, indicating a positive outlook for Bitcoin's future. Stay tuned for more information!! $BTC #BinanceLaunchpool #cryptoease
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📍 Bitcoin Update (Continuous) 🔹There haven't been many changes in Bitcoin, and it's still accumulating above $60k. 🔹Tomorrow is weekly candle closing, and this time, a red closing might be seen. 🔹From the On-Chain perspective, there's a chance of the price dropping below $59k due to available liquidity. Stay tuned for more information!! $BTC #BinanceLaunchpool #cryptoease
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📍#Bitcoin Update (Continuous) 🔹Bitcoin has returned to its support level at $60,000 because there was liquidity available 🔹However, this support has been tested multiple times before, making this level Weak and could break Possibly. 🔹Grayscale's selling pressure was higher yesterday, contributing to the downward movement. 🔹The total outflow from Grayscale was $103 million. Stay tuned for more information!!! $BTC #BinanceLaunchpool #cryptoease
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📍#Bitcoin Update (Continuous) 🔹Bitcoin has successfully retested its support and shown an upside move in its price thereafter. 🔹On the upside, the 50MA at 65,000 is acting as a resistance, so if the price reaches there, we might see a rejection. 🔹The support at 60,000 has been tested multiple times which is why it becomes Weak Stay tuned for more information!! $BTC #BinanceLaunchpool #cryptoease
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#Bitcoin Update Continuous ▫️Bitcoin's price is currently retesting the falling wedge pattern, where we're also seeing significant support. ▫️If this Support breaks There's a chance for Bitcoin will back Below $59,000 and potentially reach $57,000 where it will form a Double bottom pattern. ▫️After this, we might see a bounce back and the price could move towards reclaiming its upside liquidity. Stay tuned for more information!! ✅ $BTC #cryptoease
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