7.9 BTC Rebound Brewing 1. BTC has been oscillating narrowly between 59,000-66,000 for 5 consecutive weeks. The price has dropped below 60K multiple times but recovered, showing support around the 60K level. A rebound is expected to form, but it likely won’t be very strong. 2. The Korean index dropped to the weekly EMA20 line during the morning session and showed a clear wick recovery, indicating strong rebound potential here. SK Hynix will begin trading on the Nasdaq ADR this Friday.