📊 Latest Update on Bitcoin:

I've gotten numerous inquiries regarding Bitcoin's future direction, so here's my evaluation:

Main Level: Bitcoin has reached the bearish Order Block (OB) at $58,000 thrice, indicating this level is unstable.

Predicted Move: There's a high probability of reaching the next bearish OB between $62,000 and $63,000.

Predictions:

Possible Outcomes:

1. Bitcoin could fall from OB1 ($58,000) or OB2 ($62,000-$63,000).

2. If Bitcoin surpasses $63,850, this setup becomes obsolete.

Strong Expectation: Should Bitcoin not surpass $63,850, I firmly anticipate a decline to below $50,000.

Recommendations for Trading:

Trade only after you're certain.

Should Bitcoin cross the $62,000-$63,000 bearish OB, observe its behavior at that point closely.

Maintain vigilance and make informed trading decisions!