Bitcoin could somewhat still move further down if we have further outflow from the ETFs. Currently we will be expecting a consolidation phase before the halving next month before we see it breaking the ATH again.
I would reckon a drop back to 63k region is still a possibility in the short term.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
