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The recovery of BTC$BTC has been quite strong, with a 15% increase from $49,000 USD to $56,000 USD over the past 48 hours. However, BTC is currently facing temporary resistance. In my view, it may take about a day for the price to break through this level and return to around $60,000 USD.
👉At that point, we might see a retracement back down, with BTC trading sideways between $50,000 USD and $60,000 USD until the end of the month.
🤔After a sharp decline, it's typical to enter a period of sideways consolidation. While a strong V-shaped recovery is possible, it rarely occurs. 0 reply
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