$BTC - Daily price analysis:
-Neutral zone weekly.
-This is still a bearish configuration on the daily view ๐
๐ถThere are 2 major resistances to be break above:
58 900$ and 59 500$
-As long as the price remain stuck below chances to see another dump remain high! โ ๏ธ
-On my 3rd view, I see a rising wedge (bearish pattern).
-Monitor the wedge pattern [H1].
๐ทBig supports to watch on: [local]
56 200 - 55 500 - 54 800$ - 53 700$
๐กRemember:
My long term scenario indicate a possible retest of the 44 000$ before the bull run ! :)
#bitcoinโ๏ธ #Bitcoinโ #BTCโ #BitcoinTherapist #btcupdates2024