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10 REASONS $60,000 COULD BE THE BOTTOM FOR BITCOIN THIS CYCLE.
- Weekly MACD at ATL
- Weekly RSI below 30
- 100+ days in Extreme Fear
- Retest of 2021 ATH
- ISM PMI > 52
- Russell 2000 at ATH
- Gold and Silver blow-off top
- Copper/Gold breakout
- Reclaim the weekly Bull Market Support Band
- 4 weeks of negative funding rate
$BTC needs to close weekly above $81,000 for multiple weeks for this bear market structure to break.
Rejection would mean $60k lows and continuation of the bear market.
#GateSquareMayTradingShare