In the previous analysis, when price was around 66K, we mentioned that Market is in a risky zone for Buyers and you should not have a high risk exposure in the Buy direction. Bitcoin nicely dropped more than 6% after this.
For now, since the momentum of this drop was rather high, we expect some retracement like the move in the orange Zones before going another leg down and if price gets above previous high we will update the chart accordingly.
follow me don't miss it ⚖️🏆
