$BTC $ETH $BNB
BTC is bullish after a bearish wave that was very strong, but will it return to the 60k area or not? Let us know. At the beginning, we see that the 57k area has resistance and was support. The area was broken, so BTC must retest the rise from this area, touching this area, and not rising means a new decline. We forget the lowest area that BTC reached previously and rebounded from, which was 57750. However, I expect a slight rise and then retesting the drop. If it fails, BTC will continue the rise. And do not forget the 57000 area and the 57450 area. If it is not closed above them, then there is no upcoming rise except retesting the rise again. Therefore, what is expected in the coming days is a free fall, as happened several days ago in all markets. An upcoming decline in the markets will be worse for BTC, the 57,000 area, a strong selling area. Therefore, beware of opening long trades in this area, and do not forget that this rise is very temporary.
#MarketDownturn #BTCMarketPanic #RecessionOrDip? #BTC #ETH