The daily BTC chart is showing that the price action is finally touching the 200 daily SMA and, therefore, it seems to be closed to a bullish continuation pattern, making it highly possible to bounce from the 200 SMA. The daily RSI is also quite oversold at 25, we have not seen this level of RSI since March 2020. BTC is likely to continue to 100k from this level (around 38k USD), targeting 100k or higher at the end of this year.
