๐จ Urgent BTC Analysis ๐จ
BTC closed the CME for the weekend at 63K. Weโll likely see a consolidation above 62K during the weekend. ๐
โ๏ธ However, the 62-61K retest is critical:
Bullish Scenario:
If buyers show strength, we could see short-term growth to 65K, and then possibly to 67K, where the upper boundary of the descending channel lies. ๐
Bearish Scenario:
If we drop below 61K at the start of the new week, BTC may experience a sharp decline, first to 57.5K, and potentially down to 52-50K. โ ๏ธ๐
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