BTC/USD (Retest Daily Key Support)

💎Technical Analysis Summary💎


BTC/USD

-Bitcoin, after topping out at around 25k last few weeks
-The price is now back at its daily key support level
-The highlighted box area is previous resistance and flip new support
-If buyers will still respect this region, then we could see a bounce from here
-If not, the sellers will take over and send the price much lower
-This game will take place for a couple of days or weeks
-So some altcoins might take this opportunity to rally back high again
-Be cautious and manage your risk during this time of correction or consolidation




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