BTCUSD
This is my first time doing price analysis for Bitcoin so it might follow my prediction movement flow or the other else.
What can I really describe from the chart right now is that the price is already inside the 'breakout of Support zone for Monthly' or we can call it as Resistance/Breakout Retracement for Monthly. Based on Friday (23/6/2023) it touch the supply area for Daily and just yesterday (Friday 30/6/2023) price movement in H4 Timeframe it create a new supply zone. This might indicate that the price might fall out from here on waiting for it to retrace the Supply area in H4.
So my next target price for Bitcoin it will go down either to 28336.9 or 27449.6.
But this is my first and early assumption so make sure do your on homework too.
Thanks for spending your time reading this.
Comment:
Let's go BITCOIN, make your massive drop for today news later.