Technical analysis by Eirxco about Symbol BTC on 5/1/2024

UPDATE 01.05.2024 . With the daily candles looking like this I can say that the key point is invalid , the BTC is down in the correction phase . Even tho there's a gap of 55-56.6K we might see a small bounce, but I prefer the price to touch 52.2K , yes I said that shit. The scenario would be like this; . BTC touches the ground 52.2K and bounces a bit, then swipes the low 48K If this happened, the result will be sideway , either alt season comes or overall market sideways market BTC touches the range around 46.6K-42K , and go sideways for couple months This is a daily candle , so we might expect shit to happen in the long run range(months) and pls be careful because the range is pretty huge, manage ur risk well, this could be ur opportunity . . Stay Safe X.CO . P.S if u want to request outlook DM for pricing ty #BTC #Crypto