$BTC UPDATE 💸 1/08/24

As you all know currently btc trading above 63k approximately. And as we discussed previous day according to chart our blue support box is strong currently.

BTC broken blue support box zone and Started dumping and also some negative news involved that's why dumping hard.

Current #BTC Support is 62250 approx 👈 according to this chart , if this support breaks by any negative news then will see more dump towards 60.7k to 59.6k approx.

If btc closes above dark purple zone in 1d and stays above atleast 1-3 days then it will be good. And according to channel the dump is almost done so it should to recover from here.😊

Today's affected on btc price because of Iran- israil strike but don't worry it just temporary.

Till then trade safe, use low levrge spacialy in current situation. 👍

Thanks ! 😇