#BTC GM, another week has passed, and the market continues my analysis last week. Last week I said that the $60,000 support level would hold and then rebound.
Now, BTC has rebounded as I said, and is currently trying to hit the EMA20 daily line pressure level of $63,700. If it can stabilize at the EMA20 daily line of $63,700 this week, the market will continue to rebound to the pressure level of $65,000.
In summary, the daily line is still in a rebound trend, and the focus is on the two pressure levels of $63,700 on the EMA20 daily line and $65,000 that have not yet been reached. As for the specific pressure level at which the rebound will end, I still need to observe for a while.
