$BTC UPDATE 🚨🚨🚨
First Check the highlighted post where on jun-14 I mentioned that if the weekly candle close below 67.4k then things get ugly.
here's the summary of chart
Technical Analysis Summary:
Range: BTC has been trading between $58,000 (support) and $72,000 (resistance) for the past 106 days.
**Current Position**: Near the lower Bollinger Band, close to $58,000 support.
**Prediction**:
**Short-Term**:
Likely to retest $58k,000 support.
**Medium-Term**:
If support holds, a move up towards $72,000 is expected.
**Long-Term**: Potential breakout above $72,000 may take 4-6 weeks.