As I expected BTC rejected at 66k and made a pull back to 60k, as I mentioned before not holding 62k BTC might just get bearish, and I still expect that.
But for now the short term is showing a lot of demand at 60-61k, so keeping this demand will impulse the market to around 64-65k, if it fails to pass resistance (the most likely scenario) then it will continue with the down trend to the low 50s.
But for now the short term is showing a lot of demand at 60-61k, so keeping this demand will impulse the market to around 64-65k, if it fails to pass resistance (the most likely scenario) then it will continue with the down trend to the low 50s.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.