BTC → still is bearish

6. Sept.

hello guys.

as I published before.

Descending Channel: The price is trading within a downward channel, indicating a short-term bearish trend.

Upside Rejection: Attempts to break above the upper boundary near $59,000 failed, suggesting resistance.

Downside Target: If the price continues to follow the channel, it may target the lower boundary near $54,000.

Key Levels:

1. Resistance: $59,000
   
2. Support: $54,000
   
3. Outlook: Bearish momentum with potential downside extension towards the lower support zone. Watch for any break below $54,000 or above the channel for trend reversal signals.
   

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7. Sept.

Trade geschlossen: Ziel wurde erreicht