Regarding subsequent BTC accumulation
Both around 79,000 and 72,000 are the most reasonable accumulation positions in my expectation.
Around 79,000 is the lower boundary of the thin chip area below, and it is also at the legendary weekly moving average ma50 position (red line).
Around 72,000 is the upper boundary of the dense chip area at the bottom, and it is also at the legendary daily moving average ma200 position (blue line).
Both have the possibility of being filled back. If there is no major risk later, focus on 79,000; if a black swan event occurs, focus on 72,000, but it will not physically break below the bear market low of 57,700.
Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more