7.8 BTC rebound is possible, but the bottom is still far away 1. The BTC daily EMA20 has flattened out, creating an opportunity for a daily rebound. The $60K range below has been tested multiple times and serves as solid support. A rebound is possible, but the bear market bottom is still far off. 2. The Korean index continues to plunge. Sharp drops aren't scary; the weekly EMA20 is a good point for a rebound. On July 10, SK Hynix will list its ADR on the US stock market, which will significantly boost its liquidity.