$BTC 🚨🚨urgent,urgent,urgent🚨🚨
♦️Breaking News♦️
1. Resistance Area Retest and Breakdown:
BTC recently attempted to retest and break through a resistance area.
Unfortunately, it failed to sustain the breakout and has now returned to lower levels.
This negative price action suggests that BTC might revisit the 50,000 to 49,000 range.
2. Support Area Breakdown:
BTC broke below the critical support level at 56,500.
The significance lies in the fact that this level was previously a positive closing area.
However, the recent collapse contradicts expectations.
3. BTC Dominance (BTC.D) and Liquidity:
BTC dominance remains bullish due to the positive close.
BTC.D is currently at 55.11, but the target is 55.91.
If liquidity doesn't flow into BTC, the rise from the current level could be limited.
4. Alternative Currencies and Market Outlook:
Altcoins face challenges; there's little hope for them at the moment.
A substantial BTC takeover is possible this week unless it experiences further declines.
The beginning of the week often sees tail formations and potential rebounds.
5. Short-Term Price Expectations:
Over the next two days, BTC could drop from 53,500 to 52,000.
Consider placing buy orders around 50,000 and 52,000.
These levels are likely to be touched this week, followed by a potential bounce back toward 56,500.
:Remember that market conditions can change rapidly, so stay informed and adapt your strategy accordingly! 🚀📈¹⁴⁵
:If you have any further questions or need additional information, feel free to ask! 😊
#BTC☀ #SOFR_Spike #US_Job_Market_Slowdown #BinanceTournament #Megadrop
