$BTC Market Sentiment

Now as I posted few hours back BTC started to show some momentum on lower timeframes

I hope it is not just a retracement to test 65500/66000 and drops once again since this would be very bad sign, 64000 might not hold and price would drop to 61000

On the positive side ,for the first time in the last few days I see bullish order block on 30min chart at 64500, so it is not bad sign if BTC drops to this level for further accumulation before it tries to clear 66000

I know it might be too early to talk about reversal and rally, however I tend to believe BTC might clear 66000 and rise to 66500/67400, most probably it might fail to clear this level and drop once again, hopefully in the next cycle BTC will get more strength

Let us wait and see !

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