BTC UPDATE ( For Next Week )

After Rejecting from 72k Resistance BTC got a dump almost 5% drop in price and currently consolidating above 69k and indicating the continuation of the the Bearish trend.

We may see a little positive movement in BTC near ( 70k - 71k ) then I am expecting a another Dump 3% - 5% around 66k - 67k and if BTC survived there we will have good chances for go long but if in case BTC fell below 66k BTC will convert into a strong bearish trend and correction to 50k 56k can be done.

CONCLUSION: BTC is Bearish for the next week so avoid Long positions or manage them accordingly

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