$BTC Technical analysis and price update !!!!!
MUST READ đ
Here is the fully fledge $BTC analysis !!!
In the very first dip from almost 72500 to all the way 58k and the the recovery area was 58k to almost 67k and then drop back to all the way 56k that time đ§
Then the next dip was from 71k to all the way 59k with recovery area of 59k to 64500 and then drop back again all the way to 53k đ±
And now in this present dip $BTC dips down from 70k to all the way 49k and according to previous recovery levels #BTC will recover between 49k to 57k or 58k max and then drop back to between 47k to 45k đ±đ±đ± according to technical analysis, and then will move upwards between 62k/63k or 65k max as you can see target prices in attached photo đ
And now the 2nd and short scenario is that if #BTC holds above 58k this week then there is very much possibilities to recover instead of going more down from the strongest support of 52200 to 50k đ§
MY THOUGHTS !!!!!!!
If you check the history because history speaks for itself , every year in August crypto market is always bearish or move in sideways mostly and after August #BTC always moves upwards to break previous all time high and makes new ATH near to November or December đ well according to my thoughts I'm still bullish on #BTC and this was the last dip in August and now #BTC will be making new ATH in next few weeks đ
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Nothing is financial advice always do your own research guy's đ§
