๐ Bitcoin's been on a bit of a rollercoaster ride lately, folks! ๐ข Despite a dip below the $70K mark and even breaking through the $65K support level, the bull market is far from over.
โข The daily chart shows a drop towards $60K is likely.
โข The RSI is below 50%, indicating bearish momentum.
โข But don't lose hope! The 4-hour chart reveals a falling wedge pattern.
If the market breaks the wedge to the upside, we could see a new bullish move. ๐ But, if the bearish breakout continues, we might be looking at a drop towards $60K in the short term.
What's your take on this? Bullish or bearish? Share your thoughts below! ๐ #Bitcoin #CryptoMarket #BullOrBear