Since we reached 69k, the price seems to be under a small downtrend. I know this doesn't change the bullish tendency.
It feels like Mr. Jerome Powell's speech has been translated into a slow down for BTC, and it couldn't jet find his way out and get back to that comfortable 60k again. I HOPE we see that ASAP.
I would love to see BTC get close to the MA50 and on...
Bitcoin/usdt pair is forming three descending pattern, the neckline of the last peak as resistance is coming in around 59000 to 58300, if the btc successfully breaks the resistance the the technical price target will be 63000. btc need to stay in the range of 56000 to 57000 to validate this pattern.
