According to Mihir (@RhythmicAnalyst), a technical oscillator indicated a BTC price breakdown in mid-June 2024. Mihir clarified that he has not shorted BTC but is sharing insights based on technical analysis.

According to Mihir (@RhythmicAnalyst), a technical oscillator previously signaled a BTC breakdown in mid-June 2024. Mihir emphasizes that this analysis is based on technical analysis (TA) and clarifies that he has not shorted BTC. This information is crucial for traders relying on oscillator signals for market entry and exit points.

According to @GreeksLive, the sentiment among traders is predominantly bearish with a strong focus on the $88-90K support zone. There is division among traders on whether the market will see a bounce or further downside. A potential breakdown below $88K is closely monitored.