What's up with Bitcoin?

Growth or fall?

Bitcoin continues to swing on the market, taking out both longs and shorts. What I expect from the market - we'll figure it out now.

Good news for those who are in long positions: Bitcoin has not updated its low today, which suggests local growth of the asset to 58-59 thousand.

However, to do this, we need to break through the 57 thousand zone and fix above it.

And if we don't break through?

In this case, we will see a continuation of the downward movement up to 54 thousand, and then according to the scheme I described earlier: a rebound and the beginning of growth

Nevertheless, the option with a fall seems more likely to me in this situation

Have a good evening everyone🔥