BTCUSDT
Bitcoin is currently experiencing a pullback to the $65,000 range, a key support area. Following this correction, it is expected to initiate an upward leg targeting $68,000 and $70,000. This bullish outlook remains valid as long as the support level at $64,800 holds. The market is really unleashing its venom!
It's clearly hitting stop losses and liquidations, and the crypto space is at its most ruthless right now. Make sure to set stoplosses on your trades.
This analysis is for informational purposes only and should not be considered as a trading signal.
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