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Market Outlook
75-73 retracement completed, expected to rise
Yesterday we mentioned that Bitcoin $BTC had a 30% chance of bottoming after rebounding from 75,000. There is a 70% chance it will further retrace to the 75-73 range.
Currently, the market has rebounded after falling to around 73,650.
It meets our expectation of the 75-73 bottom range and rebounds here.
The market has rebounded about 2,000 points to around 75,700.
If the closing price tomorrow is above 74,700, I believe the market will resume its upward trend. The market will continue to advance toward the 80k range mentioned earlier.
This article is sponsored by #BCGAME | @bcgame @bcgamecoin