BTCUSDT| Expected bounce before the last drop in the cycle ?

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BTCUSDT| Expected bounce before the last drop in the cycle ? BTCUSDT SPOTBYBIT:BTCUSDTinvestctlHey 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 the ride the new cycle together.