Even if we do drop into the sub-50s as the bears predict, a structure or pattern needs to form first. Markets never move in a straight line, up or down. For BTC to reach those levels, we’d likely need to see a push into the 64-66k range to build enough momentum for a drop. That would fuel the next move down. In my opinion, it’s best to take it level by level. Right now, I’m expecting a pump and will analyze the next move once that plays out.
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