$BTC started to find support just at our first buy level, around $60K.
So far, so good, but still not out of the woods.
Time to be prepared for the next move, so make sure you grab your coffee and follow me on this post!
Market structure-wise, we are hoping to see a higher low formed here at around $60k, but to confirm this, we will need to see where the next high will be formed.
So, this initial bounce is promising but is just the beginning!
In fact, on the way down during the dump in the past days, we have created some damage that needs to be repaired.
How?
This damage is now resistance levels that need to be reclaimed and can create some trouble.
#BTCâïž
#Write2Win
Specifically, the macro mid-range at $62K has been lost, and the previous range high is just around $65K.
