I wanted to share some insights on Bitcoin's potential price movement. Based on current market analysis, Bitcoin may continue to trend downward until it completes a head and shoulders pattern, potentially reaching around $61,700. This level is significant as it marks a key point in the market structure.
After breaking through this upside, Bitcoin's behavior has changed, especially noticeable in lower time frames. This shift indicates that we might see further downside movement before any potential recovery.
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