Price is currently making correction in daily timeframe, in our view price can drop to 62k to 63k region where we can see strong bullish pressure coming in the market. However, it is also notable that price can just reverse from the current price area that it is trading at, as price already have been dumped once to 54k and there is no strong reason that it would drop to 63k region.
*If you agree with the idea then like and comment, please follow if you want to support us**
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.