BTC Update 💯
As previously mentioned, if the price drops below 62.5k, it could signal a trend change to bearish in the perspective of (manipulated) PO3. Currently, BTC is trading around 63k, and I observe some bearish confirmation at the moment. With the weekend approaching, there may be low volume, leading to further correction rather than sideways movement, as the 4-hour closing appears precarious.
Additionally, it's the second time the 1-day downtrendline has broken down and retested successfully. Therefore, caution is advised in your trades.
If we fail to hold 62.5k, BTC may we see range between 57k to 53k. It's highly probable that 57k to 53k presents the best entry point during this Manipulate phase according to PO3.
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