The Bitcoin weekly chart is still in a downward trend, focusing on the $68,000 breakout and opportunities in oversold projects

Jack Yi stated that the weekly level of Bitcoin is still in a downtrend, and in the short term, attention should be paid to whether it can effectively break through 68,000 USD.

He believes that only by strongly standing above 68,000 USD can a more significant reversal in the market occur; if the breakout fails, the price may once again test the bottom, and there is a risk of falling below 47,000 USD that needs to be monitored.