One Word for Bitcoin 🙅‍♂️ If $BTC holds above $61,500 week | RayHan bros on Binance Square

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Bullish

One Word for Bitcoin 🙅‍♂️
If $BTC holds above $61,500 weekly support, we could see $80K soon! 🚀
Otherwise, Prepare to buy at strategic dips within bullish order blocks

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September turned out to be quite good for the market, with BTC showing a 7% growth since the end of August. If we don't consider the last cycle, this is the first green September since 2016, so the market isn't as cyclical as many think.

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$BTC QUICK Update and Recommended Buying Zone Monthly closing today So there will be a lot of selling pressure today. If after the monthly closing it gives a down without giving a wick above then btc will give a good pump. Bitcoin price is very likely to reach 62,000 level. Those who were waiting to buy the coin can buy at this level. #moonbix #EIGENonBinance #Write2Earn!

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Market Update - Yesterday we highlighted how $65.5k had flipped from resistance into 4 hour support, and this was respected on a number of retests yesterday. However, this morning we saw the recent candle close lost this level, and so far the retest has rejected. Now I am watching for a reclaim or a further breakdown from this level. There is liquidity increasing towards $64k so there is a chance that is the next move. Pretty standard choppy weekend so far, but that could change later as we approach the weekly close. Ideally we want to see $65k hold by the end of today.

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