๐จ Bitcoin Market Update ๐จ
BTC is currently trading around $63,900 ๐ and the market structure still looks weak to me.
๐ My analysis suggests that Bitcoin may revisit the $61,000 - $60,000 zone in the coming days. If selling pressure increases and those levels fail to hold, we could even see a deeper correction toward $56,000.
๐ However, if BTC breaks above $64,000 and closes with a strong bullish candle, then the next target could be around $68,000.
For now, bears seem to have the upper hand and caution is advised. โ ๏ธ
#BTC #Bitcoin #Crypto #Trading
โ ๏ธ Disclaimer: This is only my personal analysis and not financial advice. Always do your own research before investing.
โ Raja Crypto Education
#RajaCryptoEducation
BTC is currently trading around $63,900 ๐ and the market structure still looks weak to me.
๐ My analysis suggests that Bitcoin may revisit the $61,000 - $60,000 zone in the coming days. If selling pressure increases and those levels fail to hold, we could even see a deeper correction toward $56,000.
๐ However, if BTC breaks above $64,000 and closes with a strong bullish candle, then the next target could be around $68,000.
For now, bears seem to have the upper hand and caution is advised. โ ๏ธ
#BTC #Bitcoin #Crypto #Trading
โ ๏ธ Disclaimer: This is only my personal analysis and not financial advice. Always do your own research before investing.
โ Raja Crypto Education
#RajaCryptoEducation