Scaramucci flags Bitcoin bottom at $61742 with BTC price prediction turning bullish as 4h chart shows MACD golden cross and neutral RSI.

According to @CoinMarketCap, K33 Research says Bitcoin's correction shows signs of bottoming as the market is overreacting to long-term risks while near-term strength signals such as low leverage and solid support levels are being overlooked (source: @CoinMarketCap). K33 highlights low leverage and defined support as near-term positives for BTC risk assessment and positioning by traders (source: @CoinMarketCap).