$BTC is fluctuating around the $60,000 level. It appears there has been a liquidation hunt, as the price has been moving within a $2,000-$3,000 range for almost a week. From here, Bitcoin needs to reclaim the $62,000 zone for any relief rally. On the downside, losing the $58,000 level will send Bitcoin toward the $55,000-$56,000 zone.
Ted
@TedPillows
$BTC is hovering around the $60,000 level. It seems like liquidation hunting has been going on as the price has been moving within a $2,000-$3,000 range for almost a week. From here, Bitcoin needs to reclaim the $62,000 zone for any relief rally. On the downside, losing the $58,000 level will push Bitcoin towards the $55,000-$56,000 zone.
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