‼️ Quick #BTC Analysis ‼️
Yesterday’s dump back to $58,000 is alarming, this supposed to be a required correction, which could lead us to see $50,000 area, #Bitcoin point of control was sitting at 60.9k - as long as we traded / close above, short-term outlook remains bullish but now we can see serious correction.
If i am telling you something means i am sharing my point of view with what i am holding/ doing as well. Later today i will share how to handle situation where you see a rising liquidity or you expect to hit liquidation. As far as spot holders are concerned, don’t do anything, you have floating pnl and will recover once we hit back, it is not game of a day or month we have many bullish months coming up next. Dyor
