$BTC
Patience in waiting, patience in holding positions
I don’t think the current drop from 67200 will directly break the 60k level. The more likely scenario is that the price finds support around 62300, bounces back to test the 65200 region.
After hitting resistance at 65200, it will continue to dip to test the support at 61000. After that, the market will likely experience a solid rebound, moving up to around 69200 where it will enter a consolidation phase, and that’s the right spot to set up short positions for the next move.
Patience in waiting, patience in holding positions
I don’t think the current drop from 67200 will directly break the 60k level. The more likely scenario is that the price finds support around 62300, bounces back to test the 65200 region.
After hitting resistance at 65200, it will continue to dip to test the support at 61000. After that, the market will likely experience a solid rebound, moving up to around 69200 where it will enter a consolidation phase, and that’s the right spot to set up short positions for the next move.