As we are watching BTC under 60K, the price doesn't have the strength to break this level so it needs to gain power on lower levels for its next move, that's a clear debate but...
the retracement that happened to 54K was too sharp for BTC to see a sharp come back and engulf so I think we will have another retracement to 52.5K or even 50.5K and then we will see an engulf and bullish moves.
the retracement that happened to 54K was too sharp for BTC to see a sharp come back and engulf so I think we will have another retracement to 52.5K or even 50.5K and then we will see an engulf and bullish moves.