BTC falls below previous low 📉 breaking the 67,000 level, testing the 60,000 support⁉️
I already publicly mentioned two days ago that 71,200 to 72,600 is a key resistance zone for BTC. When the price reaches this area, a decline or correction may occur. After two days of oscillation and testing around 72,000, today the market officially broke the new low, initiating a downward move and breaking the previous Saturday low of 67,300. This is a normal correction after a sharp decline, a rebound in oscillation. I have repeatedly mentioned in previous public articles that after a sharp drop, the market will not rebound immediately. The most likely scenario is that the 72,000 level will serve as the upper boundary for oscillation and correction. Trading shorts with 72,000 as the upper boundary, with prior public predictions made in advance 👌
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BTC falls below previous low 📉 breaking the 67,000 level, testing the 60,000 support⁉️
I already publicly mentioned two days ago that 71,200 to 72,600 is a key resistance zone for BTC. When the price reaches this area, a decline or correction may occur.
After two days of oscillation and testing around 72,000, today the market officially broke the new low, initiating a downward move and breaking the previous Saturday low of 67,300.
This is a normal correction after a sharp decline, a rebound in oscillation. I have repeatedly mentioned in previous public articles that after a sharp drop, the market will not rebound immediately. The most likely scenario is that the 72,000 level will serve as the upper boundary for oscillation and correction.
Trading shorts with 72,000 as the upper boundary, with prior public predictions made in advance 👌