Technical analysis by APOinvestment about Symbol BTC on 1/10/2022

BTC has dropped 42.5% from its top at $69,000. Historically after a 42-43% brings a good bounce for Bitcoin. Many are turning bearish now at the lows in my opinion. Looking for Bitcoin to start a retracement to the mid 50ks short term. However, BTC is still in an overall ABC correction where I’m expecting it to drop below the 30k range by the 2nd half of the year.