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<p>Well, after more than a month, the picture is finally getting clearer.

My read on Bitcoin was pretty accurate, and price action is continuing to develop exactly along the lines I anticipated.

My outlook remains unchanged.

I expect BTC to revisit the range lows around $60K in the coming weeks or months, with $40K as my next major downside target after that.

Nothing has changed in my thesis. The market is simply taking its time to play out.

Patience. The bigger move may still be ahead of us.</p>

Well, after more than a month, the picture is finally getting clearer.
My read on Bitcoin was pretty accurate, and price action is continuing to develop exactly along the lines I anticipated.
My outlook remains unchanged.
I expect BTC to revisit the range lows around $60K in the coming weeks or months, with $40K as my next major downside target after that.
Nothing has changed in my thesis. The market is simply taking its time to play out.
Patience. The bigger move may still be ahead of us.

Well, after more than a month, the picture is finally getting clearer. My read on Bitcoin was pretty accurate, and price action is continuing to develop exactly along the lines I anticipated. My outlook remains unchanged. I expect BTC to revisit the range lows around $60K in the coming weeks or months, with $40K as my next major downside target after that. Nothing has changed in my thesis. The market is simply taking its time to play out. Patience. The bigger move may still be ahead of us.

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