$BTC is moving exactly as I’ve expected on the short term… 👀 After yet another rejection from Bitcoin’s downtrend, we have now seen my first support target hit to the DOLLAR right around $62.5k. This should be a pretty strong level of support that could keep price here over the weekend. If we break through this level of support, I would expect a strong move toward $61k, which is our final level of support before what will most likely be a new sweep of the bear market lows if $61k cannot hold. Keep a close eye on where we close this monthly candle in about an hour. We could see some pretty volatile price action!
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