Tony said that he is expecting a bounce from the $67,000 region into the $74,000 area, followed by a move to make new lows below $60,000. He further remarked that the bear trap is likely over and that the main trend is still down, which is why he expects new lows this year. He added that short-term bounces are possible, but a bull market is unlikely to happen anytime soon.
A Short-Term Bounce Could Occur Around This Region
