On BTC, you can see the formation of the ABC formation, which would indicate a continuation of the correction to deeper levels. We can see green candles appearing on the volume, but they are weaker than the red downward ones. The RSI shows a continuation of the downward movement with room for a greater price recovery.
it seems good support at this level and i think 61-62k is bottom
fastprofittrader
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Possible scenario
MyCryptoParadise_Nathan
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disagree, we need strong points before going against the trend, both fundamentally & technically
cryptodailyuk
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@MyCryptoParadise_Nathan, The market is still relatively young and capricious, and as we know, often controlled by whales, which means anything can happen.
MyCryptoParadise_Nathan
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@cryptodailyuk, anything can happens on anything even on mature markets but I got your point, I respect your view
VinceKhoo
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@cryptodailyuk, in which whales wont give any chances for ppl to get the dip tbh and ppl will just fomo when it broke thru the 75k level