Bitcoin Could Drop to $60,000 and Beyond!
2024-10-04

Hello, my dear friends! What do you think about BTCUSDT?

Today, BTCUSDT continues to maintain stability around the $60,976 mark and has not changed much in price compared to the last 2 days. The downtrend remains consolidated as it remains limited below the $62,000 resistance.

Therefore, Edward here remains pessimistic and maintains his long-term bearish outlook. I expect BTCUSDT, to break through the immediate support at $60,000 and continue its downward journey. The big question remains - how and how long will it take to see this?