Thoughts on BTC holding 60k after this latest move?

asked by u/nguyen_do · 2d · 2 answers

I'm curious to hear others' thoughts on $BTC right now; it seems to be consolidating around 60k after that dip, and I'm wondering if it holds as a base, or if we're looking at a retest of lower levels if that support fails.

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Top answers

  • u/smith_nico· 1 pts· 2d

    I'm seeing some strong order book support forming around 58k-59k, which suggests that if 60k doesn't hold, the next leg down might be limited. Could be a good entry point.

  • u/kittipongsangthong· 0 pts· 2d

    I'm watching the volume closely on this consolidation. Low volume would suggest weakness, high volume might indicate stronger support building.

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