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💔 Well, the market continues to disappoint us
BTC has been sliding down for the fifth day in a row. While recently we were hoping for a reaction from buyers and believed in $70,000 (in the short term), today this is no longer even a question. BTC spinelessly fails all important support levels. First, it was the $63,000 level that I wrote about earlier, and now we are hanging by a thread so as not to fall below the $60,000 level
While this picture persists on the market, it is worth paying attention to the next key level - $58,000. With a high probability, BTC will move there if the buyback at $60,000 does not happen (there is no hope for this yet)
If this level is also failed, the next stop is the bottom of the descending channel, somewhere in the $50,000 region. There is no point in guessing, but you need to be prepared for anything. Another missile salvo between Israel and Iran could easily pull BTC in that direction
In general, everything is as usual in crypto - the situation is worse than ever 2 replies
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