$BTC price reacted to the 50% Fib retracement level in wave-b. As long as the price remains below $69,992, another low in wave-5 is still on the table. The ascending trendline is a level to watch.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.