Bitcoin Weekly ..$BTC $USDT
In terms of the first rebound, it aligns consistently with the 200-week average, excluding the bottom of 2022 due to the selling pressure following the collapse of the FTX platform and the panic it caused.
Technically, if Bitcoin does not settle at 69,000, which corresponds to the peak of 2021, the main bottom will be between 62,000 - 58,000.
** The exception for the failure of this model is the use of quantum risks on Bitcoin for intimidation.
