Market update

5_aug_2024

BTCUSDT chart analysis k mutabiq current market bearish trend main hai. Immediate support $50,000 aur $47,500 pe hai jab ke resistance levels $52,500 aur $57,500 hain. RSI oversold zone main hai jo short-term rebound ka chance batata hai, lekin MACD abhi tak bearish trend ko confirm kar raha hai. Fundamental news bhi negative hai, jahan regulatory uncertainties aur weak U.S. job data ne market sentiment ko bearish banaya hai. Major exchanges pe lower volumes investor interest ki kami ko dikhate hain.

#MarketDownturn