UPDATE -
#Bitcoin 's Tightrope Walk: When the Bulls Refuse to Stumble
๐ถโณ Throughout this week, we observed a slight correction in Bitcoin's price, which attempted to hunt the liquidity at $63,268 but failed.
โณ The low formed in this area has become a liquidity point in this timeframe. If Bitcoin's current movement fails to stabilize above $68,583, it is highly likely to drop again, aiming to hunt the $63,000 low.
โณ Remember, between the prices of $62,338.88 and $59,763.92, we have an FVG (Fair Value Gap) zone that tends to attract the price towards it.
โณ If the price can stabilize above $68,482, the probability of reaching $70,205 will increase significantly.
โ ๏ธ Disclaimer: Wisdomise's analyses are based on price probabilities and do not provide specific buy or sell signals. Wisdomise does not state or announce financial advice; any financial decision is yours.