Hey everyone! 👋

BTC/USDT update — Bitcoin had a healthy correction and dropped as expected to the support around 62,500 and there is a room to visit 61,200 key level.

Expecting a bounce toward 68,650 level. however, Waiting for the price to break above 64,000 level will be a good confirmation about reaching our target.

Please note that this analysis is for short-term and I still expect that we will see another leg down and make a new bottom around 52,000 - 48,000.

Stay Safe and prepare to ride the new cycle together.