Bitcoin update 11.06.2024 $BTCUSD

EXCAVO Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
The scenario of Bitcoin's movement doesn't change; I'm still bullish in the same way. Despite the local correction.

Many people may think that we are in the zone of the previous high, forming a reversal formation and will correct up to 50k - I frankly doubt it - although this is a crypto market, and everything is possible.

The scenario of pre-long-term consolidation in the 60-70 range will be good for the alt market, and we may see an alt season.

Locally, 63k will be a zone for me to decide to enter the market and increase my position. After that, I am waiting for a quick buyback and reaching liquidity from above with an ATH update—that's the scenario I've shown on the chart.

Best regards EXCAVO

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