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You could say that the emperor was right... Haha! So the target is 61,200 because there are no hurdles to stop it until that level.
Volume has increased by almost 2 billion—incredible volume in just one hour, that's insane.
We're seeing some heavy selling. Will BTC reach 61,200? The bounce is complete; now there's only a 10% chance for another candle to form a bullish pattern, and then down to the level I mentioned.
RSI is almost good, not too good, just almost. It indicates a reversal—a little bit saves some points. Now, ready to go back to 18...
#ETHETFsApproved #CPIAlert #BTCFOMCWatch #btcupdates2024 #EmperorMajesty $BTC