Retest is done as we expected. ✅

BTC bounced back to retest the broken support around $62.9K and got rejected. This retest has also given some relief to the RSI, creating room for another move lower if bearish momentum continues.

Still, it's better to wait for the weekly candle close before making any aggressive moves.

If the weekly close confirms weakness, short opportunities may appear on BTC and other alts.

#BTC #Bitcoin