@RoundtableSpace $BTC is on a thin line here.
FED decision is on June 17 and I don't see a rate cut coming.
If $60 - $61K breaks and closes below, $52K-$53K is the next zone i'm watching.
No cuts = more pressure on risk assets.
@lenion The 2022 comparison is interesting, but i wouldn’t call it the same playbook yet. If BTC loses $60K cleanly, then the deeper sweep scenario gets much more serious.
@cryptocupra targets can happen later, but BTC still looks weak here. wouldn’t be surprised to see $52K-$53K first. for now, catching smaller swings makes more sense to me than just waiting for those big targets.