Technical analysis by Doctor-Bitcoin about Symbol BTC: Sell recommendation (7/2/2024)

Dear traders! Currently, BTC is attempting to recover back to the resistance level of $64,000. But! From the chart the short term 2 harmonic top seems to have clearly established with a bearish outlook, so the bulls are falling into a negative state and lacking momentum below the immediate resistance set at milestone of 63,290 USD. Therefore, I (Doctor-Bitcoin) expect that in the short term BTC will surpass the support level (1), after pulling back to the resistance level of 63,290 USD and targeting the possible long-term support area (2). is 62,000 USD.Trade activeTrade closed: target reached