$BTC I hope Friday’s low was NOT the daily cycle bottom and that Bitcoin still needs to break the lows around $74.8K before establishing one. Otherwise, things could get ugly... Wednesday’s rally was completely erased on Thursday, and so far, the market seems comfortable accepting the reversal and the move to lower prices. We now have two consecutive inside days, both trading in the lower part of Thursday’s wide range. That’s hardly encouraging for the bulls... I can identify two daily fair value zones that could offer support if Bitcoin moves lower. But if price wants to fully fill the imbalance, it may have to drop all the way below $64K to reach the purple demand zone. Let's see whether buyers step in or sellers take control. 👀