$BTC price update: 📉 ⚠️ 🪙
👉 According to daily TF Currently, I see a bearish breakout and retest ✅✅
👉The price will probably test the 57000$ - 56800$ support zone in the short term. If the price doesn't react on this support zone then it will test $56,000 (big weekly level).
👉SHORT TERM VIEW:
On my last 4h view, we can clearly see that the price formed a bearish flag (trend continuation pattern) 📉!
👉The price has just broken out of this pattern and re-entered the downtrend channel.
👉We should logically see the downtrend continue towards $56,900? 📉👀
👉For the MEDIUM TERM/ LONG:
I think the price will retest the daily / weekly uptrend and find support around the 48k - 51k levels! [It could take Few weeks!]
👉If the price fails to hold above the $56,000 support level, it should fall sharply towards $53,000! 🚨
NOTE 🚫 👉As long as the daily price remain stuck below 65 000$ this scenario remain valid.
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