Bitcoin just doesn't want to go back up, does it?! After closing the monthly candle in green after 5 months, it dropped again from 69,171 to 66,217 and regained some of its value afterwards and is now trading at 66,800.
What I want from Bitcoin is to drop below the level of 65,998 and the level of 65,000 to wipe out the liquidity beneath these two levels, then reach the midpoint threshold of the upward OB to bounce back up.
However, BTC has been moving within the same area for a long time, LONG, and it is time for it to make a real move, whether downwards or upwards.
What I expect for BTC is that it will drop below the 60,000 level, then reach the 58,900 level to capture liquidity below 58,946, then move back up.
Upward targets for BTC: 67,000, 67,500, 68,000, and 68,500.
Downward targets: 65,000, 64,000, 63,000, 62,000, 61,000, and 60,000.
#USJoblessClaimsNearTwo-YearLow #DriftProtocolExploited #ADPJobsSurge #GoogleStudyOnCryptoSecurityChallenges #BitmineIncreasesETHStake