Bitcoin is setting up 'meaningful floors' in $60K–$70K range: Analyst
Hex37's read
- Bitcoin shows potential "meaningful floors" between $60K and $70K.
- A cluster of costs in the $60K-$70K range suggests a possible bottom.
- A bearish daily flag pattern poses a risk of a deeper selloff to $50K.
What it means for traders
- Traders should watch for confirmation of support at the $60K-$70K level.
- A break below the bearish flag pattern could signal a shorting opportunity.
Affected markets
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