Everyone is saying Bitcoin is heading for $60K, so let me explain this in detail.
Yes, there is a possibility that Bitcoin can drop to $60K again for a correction because we have a high number of liquidations around $60K.
However, the positive aspect is that there are more liquidations at $70K ($1.19B) than at $60K. So, in my opinion, we are moving toward $70K, but after a correction.
If we look at the chart right now, it's following a textbook pattern—forming higher highs and higher lows.
The next wave could come anytime from here.
Don’t worry guys, Uptober is real!!
Buy the dip and Dca it, it is just a temporary dip as Iran plans to launch missiles on Israel.
Let’s wait and watch, remember how we passed the last bearish month and made some real solid profit by the end of September.
Always buy in parts and have a long term strategy!