Will BTC Support hold ? 50K or 80k

4月16日

#BTC/USDT #Analysis
Description
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+ BTC has experienced a significant correction from the 70k range.
+ Currently, the price is within its well-tested support range around 60K-63K. This support range has been tested three times, with each instance resulting in a successful rebound to its local high.
+ I anticipate a similar scenario unfolding this time. We can expect the price to consolidate within the current support range for a few days before potentially returning to the 70K range. This movement might coincide with the upcoming halving.
+ Overall, my outlook on the crypto market is bullish, and I expect BTC's price to rebound following the halving.
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