🟠 $BTC weekly outlook: 📉
Daily DOJI in - similar view as previous weeks.
Sideway phase still ongoing between 70,000 and 58,000-60,000 area.
Momentum remains bearish clearly under 66,000 and 74,000 mark. Price looks compressed inside a potential falling wedge (daily). Dump is next for me.
Big move could occur around August 18th, corresponding to the end of daily Kumo zone and TWIST. Sell off / dump likely.
Upper key resistance: 74,000 - 80,000 - 84,000 - 88,000
Short term flipping bearish too, under 65,000.
#BTC #Bitcoin
Daily DOJI in - similar view as previous weeks.
Sideway phase still ongoing between 70,000 and 58,000-60,000 area.
Momentum remains bearish clearly under 66,000 and 74,000 mark. Price looks compressed inside a potential falling wedge (daily). Dump is next for me.
Big move could occur around August 18th, corresponding to the end of daily Kumo zone and TWIST. Sell off / dump likely.
Upper key resistance: 74,000 - 80,000 - 84,000 - 88,000
Short term flipping bearish too, under 65,000.
#BTC #Bitcoin