BTC did great breaking all the way to 66k,
however 66k is a super resistance and I was not expecting BTC to break it out of it, As the result of that (price action wise) now BTC has to test immediate supports which are at around 62-64k there is a very strong chance that it will hold due to BTC bullishness (or the desire to be bullish)
Not holding 62k then a retest to the 54-56k will be imminent.
If there is no buying pressure there then it will just keep going down until it finds buying pressure, next target after that is 49-51k and if there is still not buying pressure there then 43k will be the selling climax, I am sure.
But nothing to worry for now, BTC its looking really strong and holding above 62k will invigorate the bulls for sure.
For now I am saving my Stable coins so I can buy a bit more when BTC turns around.
however 66k is a super resistance and I was not expecting BTC to break it out of it, As the result of that (price action wise) now BTC has to test immediate supports which are at around 62-64k there is a very strong chance that it will hold due to BTC bullishness (or the desire to be bullish)
Not holding 62k then a retest to the 54-56k will be imminent.
If there is no buying pressure there then it will just keep going down until it finds buying pressure, next target after that is 49-51k and if there is still not buying pressure there then 43k will be the selling climax, I am sure.
But nothing to worry for now, BTC its looking really strong and holding above 62k will invigorate the bulls for sure.
For now I am saving my Stable coins so I can buy a bit more when BTC turns around.
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