$BTC
BTC
63,738.46
+4.87%
Look, markets don't just go down in a straight line forever. There's a pretty solid chance we get a little relief rally over the weekend.
We could easily see Bitcoin push back up toward that $65,000 to $66,000 range. But don't get too comfortable—that'll likely just set us up for another red week ahead, where we could see a final flush out to sweep the lows down around $53,000.
In the short term, though, expect a quick bounce just to squeeze out all those late shorts before the market takes its next real leg down.