Let’s be completely objective.



$BTC below the quarterly open is bearish.

If the quarterly low holds, a move back to the quarterly open remains possible.

However, if the quarterly low is lost, the next area of interest is the CME gap around 54K, followed by the July 2024 low.
BTC-3.09%
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RugProofRita
· 33m ago
This analysis is quite calm, I like it.
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StopRaisingGasFees.
· 1h ago
Technical aspects are just technical aspects; once macro data is released, everything has to be redrawn.
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YieldSpring
· 1h ago
BTC's start to this quarter has indeed been disappointing.
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GateUser-715706bb
· 1h ago
I've marked that 54K gap for a long time. If it hits, I'll make a move.
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RouterRunner
· 1h ago
If the quarterly low can't hold, see you at 54K
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GateUser-b4b056d3
· 1h ago
Quarterly open below doesn't look good indeed, but there's no need to panic.
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LiquidityLibrarian
· 2h ago
July 2024 low If it breaks again, there's really no hope left
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SeaSaltAirdropNotes
· 2h ago
CME gaps are filled very quickly.
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SushiRebalance
· 2h ago
If the quarterly low is maintained, a rebound to the opening price would mean a 20% room.
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GateUser-f4b3df7a
· 2h ago
CME gap around 54K, many people are watching this level.
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