BTC is creating roughly the same pattern as ADA before ADA broke upwards +7%.
If BTC can hold above 57800 for the day candle I think we could see break upwards towards 62k..
If it breaks down, possibly we will see 54k. It is hard to know.
Volume is low on this current drop..
There is definitely reason to move lower.. but Silver is moving up and DXY is moving down, two indicators that lead me to think there may be reason for BTC to continue up..
If BTC can hold above 57800 for the day candle I think we could see break upwards towards 62k..
If it breaks down, possibly we will see 54k. It is hard to know.
Volume is low on this current drop..
There is definitely reason to move lower.. but Silver is moving up and DXY is moving down, two indicators that lead me to think there may be reason for BTC to continue up..
