#BTC #WIF #FLOKI #ton_blockchain #MarketDownturn $BTC Bitcoin's price dropped to $57.6k after our previous sell-off, missing our target entry point at $55k. Currently, it's trading around $61k, still below the key $62k level we've been monitoring for bullish confirmation. However, since it has surpassed the psychological $60k mark, we will re-enter the market and observe its next move.
As long as Bitcoin remains above $60k, the likelihood of breaking through $62k remains high. If it falls below $60k, we may have another opportunity to enter at our desired price of $55k.
For spot traders, it's advisable to hold onto Bitcoin and disregard the price fluctuations. At this point, being out of the market poses a greater risk than holding Bitcoin. Cheers!
