Bitcoin drop continues (BTC/USD Analysis)

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7y

TUESDAY
2-JUL

Price took out LW low and is heading towards the W1 buy zone below $9,500.
It seems unlikely that a reversal happens before the buy zone.

Price took out Y low as well and continues to drop this morning.
The upside LQ is above Y high, which now seems far away.
There is a buy zone just below $9,500 that can cause a reaction but the rally may be short-lived since a lot of resistance seems to be piling up above $10,000