BTC exactly followed the last update, it consolidated for sometime and then a drop till $59.5k and then bounced back.
Now for further price action there are two possibilities:
1. Test and reject the near resistance which is $63.5k-$63.3k zone and then fall back towards $62.2k-$61.9k before making a new leg upside, which is possible as its still travelling in the ichimoku cloud.
2.Breaks the near term resistance which is $63.5k-$63.3k zone and rises towards $65k marks.
In either case the macro view is bullish for BTC.
we can still see some retracements in short term.
Now for further price action there are two possibilities:
1. Test and reject the near resistance which is $63.5k-$63.3k zone and then fall back towards $62.2k-$61.9k before making a new leg upside, which is possible as its still travelling in the ichimoku cloud.
2.Breaks the near term resistance which is $63.5k-$63.3k zone and rises towards $65k marks.
In either case the macro view is bullish for BTC.
we can still see some retracements in short term.
