Important BTC Update in Daily Timeframe.
The daily close on BTC was at $57,050, and it is still trailing under the support range highlighted in a blue box.
I wonder if BTC could repeat its previous move from early May 2024, when BTC dropped as low as $56,555 and then bounced back 27%.
We are at the same juncture once again, and it will be interesting to see if history repeats itself.
Invalidation point: Breakdown and close below the 56.5k support.
Do your own research before investing.
Regards,
Team Dexter
#BTC
I wonder if BTC could repeat its previous move from early May 2024, when BTC dropped as low as $56,555 and then bounced back 27%.
We are at the same juncture once again, and it will be interesting to see if history repeats itself.
Invalidation point: Breakdown and close below the 56.5k support.
Do your own research before investing.
Regards,
Team Dexter
#BTC
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