Bitcoin needs a weekly close above $60,600 to avoid further correction

Bitcoin (BTC) is currently in its deepest retrace of the current cycle, nearing a 26% pullback in 46 days. According to a recent video by the trader identified as Rekt Capital, the $58,000 price area might be volatile all quarter, serving as a baseline for BTC to take off into an upward movement.We are still trying to hammer that base out. We are grabbing liquidity at lower prices, so we need... source: https://cryptobriefing.com/bitcoin-weekly-close-crucial/