BTC/SPX has also experienced a bearish retest at our second macro breakdown target, losing this target when the price dropped to 60K. The situation we face is similar to the retest of 98K a few weeks ago, when the index performed a bearish retest of our first target. To achieve a sustainable breakout at the first take-profit point of 72K, we want to see the second target firmly reclaimed, because below this area, BTC remains relatively weak compared to SPX, indicating overall weakness. The index is still in a macro downtrend, and we have been mentioning this over the past few months. There are currently no signals indicating it has bottomed out. I believe we will reach at least one target this year, and we will consider long-term buying/accumulating BTC. The ideal buy zone remains the lowest box in the chart below, but we will continuously monitor our long-term buy signals at each BTC/SPX target reached. Remember, historically, BTC's best long-term buys often occur in areas where BTC/SPX reverses its downtrend.

BTC-3,72%
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