#BTC

We have identified a 4-hour bullish divergence and a 1-hour bullish divergence here, and it has been previously announced that the price will retest the 67,000 monthly open. In my view, we have strong support at 65,800, and I absolutely do not believe the price will break below this level, despite any selling pressure. That’s why I think 66,000 could be an ideal entry point to position for a move higher before reaching 81,000. Breaking below 65,800 would mean a drop to 60,000 and a new low, but this scenario is not likely at the moment.

I am waiting for the price to reach the monthly open, and then I will decide whether to enter a long position in the market. However, 66,000 is definitely my limit order that will be filled, so please be patient.