đŹ Friends, I think the old 52 level we have been waiting for is determined to come. However, it is too early to talk now; Today's and tomorrow's closures will show us our way. The market is under-volumed and on the ETF side there are outflows from others other than BlackRock. With the information of these last days, we may probably start to see outflows by BlackRock as well.
âïž Now, let's examine what can happen in Bitcoin through the chart. First, let's look at the Bitcoin chart: This base structure, which we have been following for a long time, is now preparing to break downwards for the third time. Lowering lows were formed in the previous two declines, and if a lower low is formed this time, we may see a pinning to the 48,000 level this time. However, two candle closes below the 61,200 level are required first. Because we can see an upward movement again after today's close. Another reason that triggers this is the large liquid accumulation in the 62,600 region.
Via-Coinengineer
