#BTC Bitcoin continues to be in a downward structure. Yes, the price was held at the 60,000 level $USDT , which caused a reaction; the price went up to 70,000, but on the daily chart, a solid tail is visible, which the market often tests after some time. I marked the main levels to which the price could fly if a bear market unfolds. From the nearest perspective, it is quite possible that the price will drop to the 53,000 level, and similar to 2022, the bottom could be around 39,000, a zone from which buying might start. But we all need to understand that this is a market, and we can only speculate on where and what will happen, as capital flows have their own dynamics.
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#BTC Bitcoin continues to be in a downward structure. Yes, the price was held at the 60,000 level $USDT , which caused a reaction; the price went up to 70,000, but on the daily chart, a solid tail is visible, which the market often tests after some time. I marked the main levels to which the price could fly if a bear market unfolds. From the nearest perspective, it is quite possible that the price will drop to the 53,000 level, and similar to 2022, the bottom could be around 39,000, a zone from which buying might start. But we all need to understand that this is a market, and we can only speculate on where and what will happen, as capital flows have their own dynamics.