Bitcoin Looking Weak ๐จ
ืืขืืืื
Bitcoin appeared to be finding support at 64.3K, but momentum has weakened once again. We are currently finding support just below this level, with some green triangles on the KRI serving as confirmation. But the price action is 'rounding off' which looks weak technically. The next level of support from below is 62.4K. This level and 61.6K should provide support, but these are the last two levels in the 60K handle. We do still anticipate Bitcoin to hold the 60K's, but if not, 59.4K is the next level if we break through to the 50K handle. If we catch a bit, 66.3K is the next target.
ืืขืจื
Bitcoin presses lower. We are seeing some green triangles on the KRI suggesting support is forming. Watch for support at 62.4K as discussed in the report.
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