@web39.eth
💰 #BTC/USD
Bulls have some work to do💁♂️
Two Daily Key Supports are lost + short-term structure turned to be bearish 🐻
📌If it's a Fakeout Scenario - then we need to see a break back above the support zones $58700 & $61800.
📌If it's a Distribution Scenario - then treat former support as resistances.
My plan to act - First of all want to explain some market sentiment to you and what happened - Crypto got a bit overcrowded with a New Halving Event & All those new memecoins given enormous % returns, so heathly correction is more than good to crypto at this stage.
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