BTC/USD is going to start a new downward move(7/16/2024)

BTC had some retracement to 65k after a dramatic drop from 72k to 53.5k.
Right now the price made a bearish engulfing candle in 8hr TF under a multiple resistance zone.
If the price makes a new lower high, probably the price will go down under 53.5k.

Our technical view has been shown in the chart.

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Team Fortuna
-RC

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