🚨 $BTC
IS LOOKING VERY BEARISH.
Bitcoin is stuck near the range lows, and after the rejection from $87.3K, it has failed to recover.
Now we have two scenarios technically:
If BTC keeps failing to reclaim $83K–$84K, the it will dump towards $75K first, then $72K and $62K. Small pumps can happen on the way down, but I’m not trusting them.
If BTC reclaims $83K–$84K and holds above it, then I’ll reconsider the bearish view as it might give a good recovery.
IS LOOKING VERY BEARISH.
Bitcoin is stuck near the range lows, and after the rejection from $87.3K, it has failed to recover.
Now we have two scenarios technically:
If BTC keeps failing to reclaim $83K–$84K, the it will dump towards $75K first, then $72K and $62K. Small pumps can happen on the way down, but I’m not trusting them.
If BTC reclaims $83K–$84K and holds above it, then I’ll reconsider the bearish view as it might give a good recovery.
