๐จThe author suggests that BTC may return to or drop below 60K soon.
They base this prediction on several factors: ๐ฅBTC's rejection at 73K,
bearish momentum indicated by MACD,
BTC's price falling below their EMA level, and a death cross on the MACD.
They advise caution for long positions and suggest opening short positions around 68.5-69K.
Holding short positions is recommended, with the possibility of a significant drop if BTC closes below 68K.
They invite readers to follow them for updates and wish everyone the best in 2024.