BTC/USD: More Fall Ahead? (READ THE CAPTION)

By analyzing the Bitcoin chart on the weekly timeframe, we can see that the price is currently trading around $83,000. This week alone, BTC has dropped by 6%, showing signs of bearish momentum. A correction toward the $70,000 zone seems likely in the near future. Key supply zones are located at $93,400 and $99,700, while key demand zones are at $80,800 and $73,700. This analysis will be updated accordingly.

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By examining the Bitcoin chart on the weekly timeframe, we can see that the price is currently trading around $84,000, and the previous analysis, which was mostly based on a bearish scenario, is still valid!
As long as Bitcoin is trading below $91,300, our scenario remains valid, and our corrective targets will be $80,800 and $73,700, respectively!

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ArmanShabanTrading

Join me for more Free Signals and New Analyzes In the Public Channel :

⚜️ Free Telegram Channel : t.me/PriceAction_ICT

⚜️ Contact Me : t.me/ArmanShabanTrading

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