#BTC
Bitcoin is still struggling to gain momentum near the lower boundary of its current range. This kind of slow and sideways movement is quite common during weekends, so there’s no need to rush into any conclusions yet. However, the $78,600 level remains crucial.
Until BTC reclaims this zone, the bearish structure is still in play and downside risk cannot be ignored.
#BTC $BTC
Bitcoin is still struggling to gain momentum near the lower boundary of its current range. This kind of slow and sideways movement is quite common during weekends, so there’s no need to rush into any conclusions yet. However, the $78,600 level remains crucial.
Until BTC reclaims this zone, the bearish structure is still in play and downside risk cannot be ignored.
#BTC $BTC