Is it currently the bottom??? In my opinion, the current $BTC is falling quite strongly with a large fluctuation range, so the area of 6x.xxx$ will be easily filled when it has not yet reached the previous strong upward Trendline.
Previously, it was analyzed that $BTC would go down to 73,000$-74,000$, and the market has indeed filled that prediction, so now there will soon be waves towards the 5x-6x range before any upward momentum can occur.
With the drop, there is a lot of liquidity, so many people are currently trying to long the bottom; today’s wave has already rebounded to 77,780$, so at this point, let's see if it will continue to sweep long? My long-term view still leans towards shorting around the levels of 66,000$.
