Hi and Namaskar, traders!

As I shared in my #Bitcoin❗ technical analysis just 20 hours ago, I mentioned that the price had already broken out of the ascending parallel channel and was expected to take support around $63,177, with a potential rise to $64,000 - $64,500. True to the analysis, the price rallied to $64,086 before getting rejected and then proceeded to break through both the $63,117 and $61,200 levels.

Now, based on the chart, it looks like #bitcoin☀️ is heading toward the $59,500 support zone. If the price holds at this level, we may see a small retracement or pullback. However, if the price fails to hold, there's a strong chance it could drop further to $57,883 or even lower.

The price action has unfolded exactly according to my analysis, and I hope those of you following along have been able to navigate the market safely.

Now, I need your support! I’m working towards becoming Content Creator of 2024 on Binance Square, and your votes, shares, likes, and comments on my profile and articles would mean the world to me. As a new content creator, your encouragement motivates me to continue sharing market insights and technical analysis with all of you.

Stay safe, and trade smart! Thank you for your support, and let’s grow together!

#LuckySevenTrader #Follow_Me_For_More #BinanceSquareFamily $BTC $ETH $BNB Can Check My Previous Analysis Before Move