๐ $BTC has slipped below the bottom of its recent range.
The range floor was aligned with the True Market Mean, making this level important for the short-term market structure. BTC now needs to reclaim it to restore bullish conditions.
๐ If BTC fails to recover the range floor, the Short-Term Holder (STH) cost basis near $70K could become the next key level to watch. ๐
#FedRateWatch #ZcashRises6% #XRPSinks10%
The range floor was aligned with the True Market Mean, making this level important for the short-term market structure. BTC now needs to reclaim it to restore bullish conditions.
๐ If BTC fails to recover the range floor, the Short-Term Holder (STH) cost basis near $70K could become the next key level to watch. ๐
#FedRateWatch #ZcashRises6% #XRPSinks10%
