$BTC Analysis updates (trading ideas)
Bitcoin is still in a retracement, and the retracement should end soon. From what I can see, the retracement may choose between these two price points to make a choice for next step. (I marked price on chart)
First, around 62412;
second, around 62200.
If it eventually falls below 62200, it means that BTC's retracement has failed. The first possibility is that there may be weekend fluctuations with a small price range.
The second possibility is that it may return to the downward trend.
If the retracement test is successful and the two prices mentioned above are successfully turned around, then BTC may move forward without worries. Then may continue the probability move in my
Happy trading and happy weekend.
