Technical analysis by mohcinekamalifx about Symbol BTC: Sell recommendation (7/6/2024)

Hello dear traders! In almost every time frame, bitcoin expectations remain relatively negative. This is clearly determined as we will explain 1: The direction of the declining decline remains intact, stimulating its continuation 2: Except an important area as a price of 60000, which will support more currency momentum. 3: From the long -term rising trend channel, the support that carries the price was broken at $ 56,000, which was determined by the weakness of Bitcoin to below 60,000 dollars. Therefore, we are currently recommending to give priority to your sales strategy and target at least 55,000. Because at this point, it seems that the price is still strengthened, ready for more distribution, to receive a big blow.