I was correct about BTC springing back up and setting a strong support near the 59k range.
While I did mention that if it falls below 61450, there could potentially be a drop to 56k, this dint happen and that’s a very good sign for a strong growth towards the halving period next month.
Basically we have again seen a 10-11% dip because of liquidations from large institutions. Even GBTC saw a lot of outflows in the last 2 days!
A good recovery has been made by BTC and following with it almost all ALT coins out there.
People are worried that they couldn’t TP at 73.7k and are trying to profit out before it dips below 60k.
Bullish about BTC hitting 70k and above before the halving date.
Let me know your thoughts!