From a technical perspective, bitcoin has a clear and strong ceiling above 60k and now is consolidating in a very tight 5% range.
57k is the floor at this point but I don t see here a lot of buying pressure but more of a lack of selling, just for price to rebound.
If or when bitcoin will break under, I see it tumbling quickly to 52k support and, a break here would confirm a and has as a target 40-42 zone.
A spike above 60k is not out of the question though but even with this I will remain on medium-term
My trade at this point is with SL in BE
You can argue a ascending triangle for up
deluded street will bleed soon
smart money already quit