📈We got a local bounce at #BTC - what's next?
We finally saw a buyback where the price bounced up to $630,000. We're noticing the first signs of recovery.
I anticipate a continued move towards resistance at $64,000.
However, I believe this movement is meant for market sentiment redistribution. After too much negativity, many started anticipating a drop - but the market often loves to mislead during these moments.
After a sideways movement at $64,000, I still expect a final drop down with a break below support.
This scenario remains my main outlook until we break resistance at $64k and secure above it.
What do you think?
Stay cautious!
#btcusdt #ETH $BTC $ETH
We finally saw a buyback where the price bounced up to $630,000. We're noticing the first signs of recovery.
I anticipate a continued move towards resistance at $64,000.
However, I believe this movement is meant for market sentiment redistribution. After too much negativity, many started anticipating a drop - but the market often loves to mislead during these moments.
After a sideways movement at $64,000, I still expect a final drop down with a break below support.
This scenario remains my main outlook until we break resistance at $64k and secure above it.
What do you think?
Stay cautious!
#btcusdt #ETH $BTC $ETH