This updated chart is a more refined version of the one I previously discussed. The $60,500 level I highlighted earlier has been rigorously tested six times, indicating its significance in the market. While repeated testing can weaken a level, it remains influential.
Previously, we speculated that the $52,000 region could be on the cards weekly, but I now find it surprising. There are three critical levels: $57,000, $55,000, and $52,000. A potential needle at $57,000 might occur depending on the Fed's announcement tomorrow, but anything lower would catch me off guard.
Personally, I anticipate BTC to bounce back from here, possibly accepting the $57,000 level. I foresee positive market momentum until July. While exercising caution, we're making gradual spot purchases and refraining from stop transactions on the margin side. #BTC $BTC 📈