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⚠️ Bitcoin Update ⚠️ 💠Bitcoin reached to its resistance area where it is forming a double top pattern, which is a bearish pattern indicating a potential price drop. 💠The next immediate support is at $69,500. If this level is breached, the price could decline to $68,800. 🔥Stay tuned guyz, we will update you about Market direction ✅ $BTC #BullorBear #cryptoease

⚠️ Bitcoin Update ⚠️

💠Bitcoin reached to its resistance area where it is forming a double top pattern, which is a bearish pattern indicating a potential price drop.

💠The next immediate support is at $69,500. If this level is breached, the price could decline to $68,800.

🔥Stay tuned guyz, we will update you about Market direction ✅

$BTC #BullorBear #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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#Bitcoin Update (Continuous) 🔸Bitcoin is retesting the trendline of the falling wedge pattern. 🔸Once we see a successful retest, then can expect a bounce back in its price. 🔸$62,500 is the support area. 🔸If BTC breaks this level, then $61,600 is the next support area. Stay tuned for more information!! $BTC #buythedip #cryptoease
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