Bitcoin (
BTC
) had a price rejection back at the all-time high from 2021 and had the price rejection now before the halving in 2024.
Weekly candle didn't manage to close above, as a result; price action will have a correction to the downside. Bearish on BTC short term before the halving, price will head back down towards $60K mark.
Trade with caution, but long term picture.. great place to take advantage of this dip and make profits after recovery!
BTC
) had a price rejection back at the all-time high from 2021 and had the price rejection now before the halving in 2024. Weekly candle didn't manage to close above, as a result; price action will have a correction to the downside. Bearish on BTC short term before the halving, price will head back down towards $60K mark.
Trade with caution, but long term picture.. great place to take advantage of this dip and make profits after recovery!