Technical analysis by TraderX10101 about Symbol BTC: Buy recommendation (7/2/2024)

Bitcoin is holding on tight at $60k... Right now, we might see a small price reaction up to the 2021 ATH of $SWB:69K, after which I expect it to dip below $60k down to the $55,200-$55,500 zone. If the price drops below $55k, then I anticipate the next zones will be below $50k. 🚀Scenario in progress :)I’d say if it had also hit the 48574 zone, it would’ve been too perfect :)). Anyway, this scenario is still valid, and the price won’t make another low as long as it doesn’t drop below 55k.