Most top crypto assets were sitting on an overbought levels on the daily and weekly timeframes. Most if not all show a bearish divergences on the RSI. A pullback was somewhat expected. The bond yield surge gave the market the green light to start pulling back a bit. A healthy correction doesn’t mean going to lower lows. We just need to regather. If $BTC drops below $83k, it could land somewhere around $67k - $72k, I would not expect going sub $60k at this point.
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