BTC's early morning market drop


was completely dragged down by the pre-market plunge in US stocks
followed by Bitcoin's synchronized recovery and rebound.
Today is Friday, and US stocks will close the weekly line.
Based on the current market trends, the US stock weekly line is likely to close in the red.
If US stocks do not experience the expected decline tonight,
the short-term direction selection will be directly postponed to next week.
Next Tuesday, Bitcoin will close its monthly line@
At that time, whether US stocks continue to decline or start a rebound
will directly determine the short-term rhythm of the market.
Once US stocks continue to adjust downward
and the weekend fails to rebound and stabilize above 62,000 for two days,
under the resonance of multiple pressures,
the probability of Bitcoin breaking below 58,000 next week will significantly increase#
BTC-3.07%
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TheNemesisOfFomo
· 22m ago
If the US stock weekly line closes bearish, next week's monthly line turning point is indeed critical. If the 58000 support level is broken, it will be difficult for short-term bulls to play.
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EvenRocksNeedLiquidity
· 2h ago
Keep a close eye on 62000 over the weekend. If it cannot hold steady, the selling pressure at Monday's opening will not be small.
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