$BTC has been sitting at that 60k support for the last few days, a couple wicks down to 58k/59k but we seem to keep bouncing back up
Main thing to watch now is if it can maintain it as support or if we flip it and 60k becomes resistance
On the higher timeframe we’ve nailed the last 2 major moves, and as we get closer and closer to the 1 year mark of the bear market, the question is where do we bottom
Imo i see 2 scenarios, the one we originally posted months ago, with the bottom being in the mid 50k’s, likely somewhere around 53k-55k, or if the mid 50’s can’t hold we could come down to take out the low at 48k/49k, and put a bottom somewhere in the mid 40k’s
either way, still expecting a bottom to come sept/oct, and ur best bet is simply to start dca”ing as we near late summer/early fall, wether your avg entry is 48k, or 55k, you’ll be up nicely in 2027/2028
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