#BTC is on the cusp of a crucial weekly surge following a 125-day period of consolidation!
Such surges frequently result in a notable shift in price direction.
There are two potential outcomes:
1. Recover $60,000 by the end of the week: This could be a bluff, causing the price to jump back to $70,000+!
2. Fall below $60,000: This might trigger a return to the support level around $44,233 before any possible rally.
Current Market View: A bit cautious as we hover around $60,000.
However, keep in mind: Should Bitcoin hit $60,000, we could see prices soar to $70,000+!
Which outcome are you placing your bet on?
Let's chat about it in the comments!
Please note: This advice is not financial.