After establishing a new peak at 70000; BTCUSD has dropped sharply to the previous support area of 63500, where a correction towards 64800-65000 is occurring before continuing the downward trend.
There is a high possibility that BTCUSD will form a bottom around 61000-61500 and move back up.
Recommended orders:
Plan 1: SELL BTCUSD zone 64800-65000 SL 65300 TP 63300-62300-61000.
Plan 2: BUY BTCUSD zone 60900-61100 SL 60600 TP 62000-65000-69000.
ノート
Get updated on analysis, signals, news: gold, FX, cryptocurrencies at: t.me/yhpanahs