Bitcoin has started a downward correction, after which it began to gain bullish momentum. I expect to hover around the 63K
support level and then start to have two possible upside positions:
Immediate rebound
Target :70k
If the upside breaks above 67K, it could trigger a strong rally towards the 70K area, continuing the bullish momentum after the breakout.
A pullback before a rally
Target: Adjust to 57K, then rebound to 70K
Trend: If Bitcoin fails to break through 67K, it may continue to fall back to 57K. This can serve as a support base and a subsequent rally could push the price back towards the 70K target.
Both scenarios are bullish, with the main difference being whether Bitcoin rebounds immediately or after correcting the decline.
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