We are checking the trend for the next target up 62K, we did an update before about the correction that is already done and BTC looks positive for the next increase target.
With this update, we did expect before the correction and already it did gain
BTC is in the channel zone and can make any time new volume up 62K
With this update, we did add the possibility that BTC will enter 62K
For now, we expect there is a high chance BTC will visit again the 62K level soon. BTC already opened an important new cycle trend. We saw that before cycle activation, BTC increased further.
If we can meet a new strong volume coming time, then BTC will able to target up to 63K The volume of the moment is stable, but it is not the main volume.
There is always a chance BTC will look for liquidity below the price actions, but the chance will stay high will target below liquidity or direct liquidity.
Nota
since 57.6 BTC did not lose the level, why it should lose it now at this time frame?
Everting is possible in crypto, but we see high chance for new break BTC>
Nota
62400 is an important power area where BTC can make a huge trend change from new cycle.. we watching out to see if BTC can gain that coming time.
Nota
confirmation of this zone could return BTC to 70K
Nota
If the trend is going back from the next cycle that can get activated after 62400, then this are the levels
Nota
If BTC targets today the golden cycle target, then it is the first time new confirmation since the 41K, which means BTC has a high chance of break 5% or more
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