$BTC is still trading below the 66,000$–67,000$ display area, and with the moving averages breaking and negative momentum increasing, the likelihood of the correction continuing rises unless buyers can quickly regain this zone.
If selling pressure persists, the price may fall toward 62,221.85$ as the first target, then 60,670.90$, while 59,096.81$ would be the third target if the decline accelerates. As for reclaiming 66,000$ and holding above it, this would weaken this scenario and give buyers an opportunity to retest the last peak.
If selling pressure persists, the price may fall toward 62,221.85$ as the first target, then 60,670.90$, while 59,096.81$ would be the third target if the decline accelerates. As for reclaiming 66,000$ and holding above it, this would weaken this scenario and give buyers an opportunity to retest the last peak.