BTC/USD is going to start a new downward move(7/16/2024)
BTC had some retracement to 65k after a dramatic drop from 72k to 53.5k. Right now the price made a bearish engulfing candle in 8hr TF under a multiple resistance zone. If the price makes a new lower high, probably the price will go down under 53.5k.
Our technical view has been shown in the chart.
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