btc57k

There is two possible ways that $BTC go for the 57k and both are for this week.

Scenario A: Fast Capitulation

​If the opening of traditional markets in New York this Monday comes with negative macroeconomic data or massive sell-offs in Bitcoin ETFs, the rejection you just registered at the EMA(35) will turn into an immediate bearish momentum.

Since the RSI has clear room to drop, the price could seek to break through 59k by Monday night. Under this vertical pace, we could see a direct wick down to 57,000 usdt between Monday, June 8th and Wednesday, June 10th.

​Scenario B: Slow Bleed

​If the market decides to lag and move sideways for a couple of days between 61k and 62.5k to finally wear out traders, the breakdown of 60k would be delayed.

In this case, the price would gradually drop by about 800 to 1,000 usdt per day in a staggered manner.

Under this trickling pattern, the 57,000 usdt zone would be reached toward the end of the business week or heading into next weekend.

#BTC #BTC57K

#BTC走势分析 Bitcoin is showing a major crash fractal, with a ton of bulls trapped above 77k. The small-scale bounce over the last couple of days has allowed them to add to their positions, and if it dips down to around 70k, the bulls will likely double down. The main reason for this being a possible pump-and-dump is that the gurus on the square and Twitter have gone from extreme bearish at 6/7k to extremely bullish at 8k. However, the margin for error on these long positions is way too large; 8k can be justified as bullish, as can 7.7, 7.5, 7.3, and 7.0. They keep giving reasons to long, which is pure baiting. As the market retraces, the bulls are increasing their positions, and as their positions grow larger, the liquidation price gets closer. 65k is likely to come sooner than you think.
Good luck to everyone!
#btc57k #币安人生 If there's a pump, the bull market is basically over.
Stay alert, something big is coming.
This is the last chance to save yourself!!!!!!!