On the daily chart, Bitcoin quickly rebounded after dropping below 60,000, oscillating around 70,000-66,000. However, the downward pressure was not stopped, and a new downtrend has formed. We just need to follow the trend.
Personal suggestion, Bitcoin can move south around 65,000-66,000, with a target of 63,000-62,000,
Altcoins can move south around 1,880-1,920, with a target of 1,800-1,750.
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Tuesday, 2.24 Morning Bitcoin / Altcoin Silk Road
On the daily chart, Bitcoin quickly rebounded after dropping below 60,000, oscillating around 70,000-66,000. However, the downward pressure was not stopped, and a new downtrend has formed. We just need to follow the trend.
Personal suggestion,
Bitcoin can move south around 65,000-66,000, with a target of 63,000-62,000,
Altcoins can move south around 1,880-1,920, with a target of 1,800-1,750.