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TAby u/takin25395511Thailand·12dAnalysis

BTC support at 54k is crucial for bulls

Watching the $BTC price action closely; if we lose that 54k support area decisively, I think we could see a pretty swift retest of the lower 50k range, which would invalidate the current bullish momentum I'm seeing.

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1 Comments

INu/imani_n·12d

That's a very clear breakdown of the immediate concern. Do you see any strong buy interest around 50k, or would a dip there likely lead to further downward pressure as well?

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