All of you probably know that BTC is taking dumps over and over again. If you're wondering what's happening and what will happen - I can give you my opinion and analysis.
So, you can see that BTC broke the 62k support level and is now "trying" to break the 60k support level. If a candle closes below the the 60k level then we could see a retest of the 58k level. If it breaks the 58k level, then we could see a retest of the 55k level. It's that simple.
Do I still think that BTC could hit 100k this year?
- Yes. As long as it stays above, the 55k level.
That's it for this analysis. If you think this was valuable, don't forget to support this idea with a like.
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