Bitcoin / TetherUS
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BITCOIN

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Hi guys

If the support range of $65,800 is consumed, the possibility of completing the double top pattern and a downward trend will be strengthened.

It is likely that the announced data will be the driver of this downward trend if it is announced more than expected.

Considering the maintenance of the resistance range, the possibility of continuing the upward trend is weak, and it should be seen how Bitcoin reacts to the specified support range.

What do you think?
Giao dịch đang hoạt động
According to the analysis, the specified support area was completely consumed.
Due to this issue, the weight of continuing the downward trend is high.

Of course, according to the signals we have in the lower time frame, the possibility of an increasing trend and the continuation of the downward trend can be considered.

#BTC
Giao dịch đang hoạt động
Currently, the price chart has reached the support zone that was created after breaking the double bottom for Bitcoin on May 15.


ảnh chụp nhanh


On the other hand, we have a positive RSI divergence on the 30-minute timeframe. Now we have to see if the downward trend line breaks upwards and the $65,505 resistance zone is completely consumed?
Or we will go from these price areas to continue the downward trend (the main scenario that we checked)
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bitcoinpriceBTCBTCUSDTChart PatternsDouble TopichimokukinkohyoTechnical IndicatorspriceactionpriceactionanalysissellsignalshortsetupTrend Analysis

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