#BTC broke 60,000 again, which is the third time since March.

It can only be said that the dealer will not pull the market until it is done.

In the historical bull market mode, the price of Bitcoin is close to the key support level of $60,000

Bitcoin price outlook

Historical retracement data: In 2023-2024, Bitcoin has retreated many times, with the amplitude exceeding 20%. · The current retracement is -16%, indicating that the price may further fall to $56,400.

Market trend forecast: · The downturn is expected to last for seven days, and Bitcoin may start a new bull market after falling below $60,000.

. The daily RSI fell into the oversold area for the fourth time, indicating that the increase may exceed 100%

Buy on dips to buy opportunity indicators. . The MVRV ratio fell to a negative value, and the buying conditions are attractive. · Historical analysis shows that after MVRV fell below -8.40%, the price subsequently rose by 63%-100%.

Conclusion

. Bitcoin price pullback is consistent with historical patterns, or it may continue to fall to $56,400.

· Key indicators indicate upside potential, and the MVRV ratio should be watched for buying opportunities now.

#Mt.Gox将启动偿还计划 #美国PCE数据将公布 #币安上线ZK #ETH

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