The BTC rate shows an impulsive decline, breaking through both the $60,000 level and the $59,000 level. Now there is a weak rebound above $59,000. The market is liquidating long positions, including altcoins.

As was written in the daily analysis, these are the minimum targets in case of a decline. Liquidity has been collected for the lows of October 3 and September 18.

If the daily#BTCcandle closes above the volume level of $59,335, this is a chance for a reversal from the current ones. Closing below opens the way to the next target - the volume level of $57,709. In general, a long stay under $59,335 and, accordingly, under the EMA 200 of the daily TF are bearish signals for continued immersion.

According to EMA, the closest support now is generally EMA 50 of the weekly TF at $55,523. That is, on the way to it there are two more volume levels of $57,709 and $56,361.

According to P73 Trend & Target Dynamics, these impulses have already fully worked out the basic targets for the decline on both the two-hour and four-hour TFs. Targets are opening for older TFs, which are indicated there on the chart with the new indicator update.

If the daily candle does not close above the psychological $60,000, the indicator will give a signal of a stable downtrend based on today's results.