$BTC The last decline wave was very sharp. There will be a rebound after such a steep drop.


As long as the 60,000 bottom is protected, there could be some upward movement. Buyers first need to break their 64,500 resistance, and then the 67,500 resistance.
If price stays above this level, we will monitor their 74,000-75,000 resistances.
However, as long as there is no persistence above the peak of 74,569, the possibility of a further decline remains.
In deep declines, we will keep an eye on the 60,000 level. This level must be protected. Otherwise, the decline will deepen further. The downward move could continue toward the 55,000-50,000 support levels.
Even if the upward move continues, we will monitor resistances at 74,569- 82,885- 98,000- 109-107 thousand. If it reaches the 109-107 thousand zone, this will be an important resistance.
BTC-0.92%
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