BTC trades around $60.7k, showing potential signs of recovery, however a decisive break and retest of $61k could confirm bullish momentum… Still under 1D 50/200MA, after a bearish cross could still mean further downside towards $58k - maybe even $50k. Reclaiming 1D 50/200MA could signal a recovery.
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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.