đ¨URGENT $BTC ALERT đ¨
Traders, Act Now!
Bitcoin's 11% price drop has sparked a critical trading juncture. Discover the hidden patterns and trends shaping Bitcoin's future to fuel your trading strategy.
Current Market Analysis:
Bitcoin (BTC) is fluctuating between:
- Support levels: $52,457.01 and $50,757.66
- Resistance levels: $58,650.00 and $61000
Trading Strategy:
Buying near support and selling near resistance may prove wise.
Bullish Scenario:
If BTC/USDT breaks above $58,665.27 and $60,055.55, it may initiate a bullish trend toward:
- $61,097.55
- Potentially $62,000.00
- Strong momentum could propel the price further to the $63,000.00 - $65,000.00 range
Bearish Scenario:
If Bitcoin falls below $57,757.66 and $57,457.01, it may signal a bearish trend toward:
- $54,000.00
- $52,000.00
- Continued pressure might drive the price down to the $54,000.00 - $50,000.00 range
Heed This Counsel:
Stay informed, manage your risks, and trade wisely. The fate of Bitcoin hangs in the balance.
#BTCâ #btc50k #July_NonFarmPayrolls_Shock #US_Job_Market_Slowdown #BinanceHODLerBANANA $SOL $BNB
