Bitcoin $60K Level at Risk — Alessio Rastani Explains

The bounce from the lows of February on Bitcoin have been very unimpressive, a very choppy overlapping structure. There's no evidence that a new uptrend has started or that a bottom has been established. At the moment, the probability is still higher for another drop below February, below 60K.That 21 EMA, the blue line, is about 59K uh or just above 58K. The pink line, the 34 EMA at the moment as I'm make as we're making this recording [music] is about 46,500. We need to watch those levels carefully because ...