Bitcoin a Possible Bearish Momentum Trend
2024-10-02

📣Bitcoin in a Possible Bearish Short-Term Trend

Bitcoin recently completed a harmonic pattern near the 66,500 level.
The initial price reaction was positive, increasing the likelihood of the beginning of a bearish movement. This harmonic pattern adds more weight to the bearish scenario we are considering.

However, from a different perspective, BTC has been making significant upward and downward moves. When we refer to past movements, BTC is currently in a similar area.

I am looking for profit-taking opportunities near strong zones where the price has previously reacted, specifically around 59,800; 55,700; and 52,800.

You may find More Details in the chart 

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