June 12, 2026

BTC… ranged move or limited correction before drop?

BTC... ranged move or limited correction before drop?

BTC... ranged move or limited correction before drop?

BTC… ranged move or limited correction before drop?

Bitcoin / TetherUS BINANCE:BTCUSDT
bestfarbit74


BTC... ranged move or limited correction before drop?

Hi everyone

chart below shows our 36700 support level act well to prevent more drop for now


snapshot

but all indicators on 4H 12H and 1Day are moving in red zone that is not good

sign for bulls. adding the shadow of bear markets on Dow Jones, SP500 ….

give us warning for more drop in days coming. (Dow Jones chart below)


snapshot

on the other hand tension between Russia an West is getting worse every day.

So below the yellow trend line price can move up and down before another drop

or if broke the trend line above 39K resistant we can expect around 41500$

but still can drop again.

I would be glad to see your chart idea and comment here, what do you think?

Enjoy the market

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