Here is a view of our macro range to quickly explain which level we would need to watch if we break down. $60k has already been tested quite a few times, and is roughly where the capitulation wick stopped. Last month's wick from March 5
stops right around $59k, which could be an interesting level to sweep if we lose the 60k level for good. If we can stay within the current range, I could see Bitcoin going back towards the $64k area and then reclaiming more important levels. Only will tell if this can happen tomorrow, won't happen within a day.
#bitcoinhalving #TechnicalAnalysiss #Megadrop
