BTC is now trading near 54.3k. It exactly rejected from 59k and made a low of 53.6k.
Now the possible scenario is 53.6k is a strong support zone and it exactly bounced back from there.
Now if the daily candle closes above 53.6k then it can go for 55k. Other scenario is if the daily candle closes below the 53k then it can go for 51k-50k. Let's see how it's going!
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The Btc looks bearish for now , but I believe it is an opportunity for new buyers to come in and buy the dip...the btc is still bullish on the long run..
Am very grateful for the update boss