Technical analysis by taghadosi about Symbol BTC: Sell recommendation (6/24/2024)

After its 3% drop in the last two days, Bitcoin has entered a critical point. Due to the very low volumes that it eats, most traders are waiting for the reaction of big companies and whales. After losing the support of 64 thousand and after that. 63,000 Bitcoin is now at the price of 62,400 on its low fibo level of 618. If this area is lost, the next important and main support area is in the range of 59,500 to 61,100. If this area faces selling pressure and our 78 fibo is lost We will see further corrections even up to 56900.Pay attention to the double top pattern, in which case we will have a correction of up to 50.Technical analyst: Amir Hassan Salek, expert in analysis and trading of EXCOINO exchange