#Bitcoin Update on 04.07.2024

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#Bitcoin Update on 04.07.2024
A.O.A And Good Morning to All Brother and Sisters!

#Bitcoin Continue the Rally Down Side. As I Mentioned Yesterday if Bitcoin Break The Yellow Line Then We Can Drop More. And Price Continue Dropping. Now Price Sit On Very Important Point 57677 is Second Yellow Line (Arrow#1) Daily Reversal Point, Daily Important Support Zone(black Area). And Price Can Reverse From Here or At Least Can Retrace a Bit From here.

But if Price Drop Without Any Stop, Then It Will Be Hard Bearish Signal. Another Chance of Reversing is Blue Line KJN.W(56221). And If Price Continue Dropping again after That Point then 54k (Arrow#3) and 50k(Arrow#4) Is Secure..

Now I Will Send In Next Chart The Support and Resistance on 4H. And We Wait For Reversal. If Confirm We Can Open Buy Trades On #Alts. But If Break then We Can Try Some Sell Trades.

I Wish You All Vey Nice Day.