Crypto Finzz

Marco Structure Update ‼️ 💸The BTC weekly chart looks weak. If BTC is unable to create an engulfing candle within the next 2 weeks and break above the 63k level on the weekly chart, we can expect initial selling pressure down to 56k. This is our first bearish target. If BTC cannot hold the 56k support level, we expect another drop to the 47-51k zone. This is our final bearish target. 🛍🛍Bearish Invalidation: If BTC creates an engulfing candle on the weekly chart and closes a breakout candle above the 63k level, followed by a strong close above this level, the entire market structure will change.