BTC ANALYSIS 12/04/2024 $BTC
Still the same bearish no enough buying pressure to break above 73,000 have to fall around the support to get bullish again 🚀
BTC might seem bullish in shorter time frame but if you look at bigger time frame it needs to go back down to 66,300 - 66,500
even tho btc has pumped back to 71,000 it won't be able to break 73,000 resistance due to less buying pressure at this point but if btc retest around 66,300 - 66,600 it will have enough buying pressure to bounce back up and break the resistance of 73,000
but if btc don't go to support and try to reach 73,000 resistance it will fall like last time so it will be a positive sign if btc fell around 66,300 to take support than it will break above 73,000 and pump upto 75-80k
make sure to drop a follow 😤
