$BTC - daily update:
As expected, the price got rejected around the 62 000$ zone✔️
The Yellow support has been perfectly tested and the price reacted on it✔️
➡️Zooming on the daily view the price is in a very neutral zone ($59,500 - $55,800).
We canalso see a DOJI on the last weekly candle! ⚠️
Certain points make me think that a new dump might be on the way: 📉
-Break of the Kijun flat (price below 59,500)⚠️
-Lagging span daily which has broken prices, the Kumo and the T/K and is currently without support! ⚠️
🔶For the long term: as long as prices stay above $48,000, I'll remain bullish.
🔶As for the medium-term price, I think the price could remain neutral for several weeks between the $62,500 and $52,500 zone! We're in a period of great uncertainty, and volatility remains high! I therefore expect further dumps and pumps!
🔷For the short-term view, I think the price should continue to fall towards $56,000 (still bearish in H1).
(see a possible setup in the 3rd chart).
Be careful not to open too high leverage on #Altcoins !⚠️
The market isn't bullish! ⚠️
See you soon! #Dyor2024
