UPDATE $BTC
It may be that the 63,000 $ - 60,000 $ zone that I had qualified as strong bearish pressure is actually an upward sloping support that pushes the price up with each rebound. An interesting thing is that the upward sloping support is bullish, and therefore each rebound on it is higher than the previous one, which is the technical characteristic of bullish trends.
So, concretely, to consider a bottom below 60,000 $, I think the price must first be able to go below this line. As long as the price is above this last one, the 60,000 $ previously touched has a high chance of being the lowest of the bearish market, and the current movements are likely the beginnings of the bullish recovery.
It may be that the 63,000 $ - 60,000 $ zone that I had qualified as strong bearish pressure is actually an upward sloping support that pushes the price up with each rebound. An interesting thing is that the upward sloping support is bullish, and therefore each rebound on it is higher than the previous one, which is the technical characteristic of bullish trends.
So, concretely, to consider a bottom below 60,000 $, I think the price must first be able to go below this line. As long as the price is above this last one, the 60,000 $ previously touched has a high chance of being the lowest of the bearish market, and the current movements are likely the beginnings of the bullish recovery.
