As we delve into speculation, here's my forecast for $BTC today:
1. Expect a drop to around the 60,400 level, possibly even dipping to 59,800.
2. Afterward, anticipate a climb, closing the $BTC candle above 61,500 or near it, aligning with the previous bull run's all-time high monthly candle close.
If my prediction holds true, there will be a swift dip within the next eight hours, followed by a rise $BTC toward the 61,500 target. Meanwhile, some altcoins that have already bottomed out will begin to surge.
Trade cautiously if you're shorting, and stay confident if you're long and currently in the red.