Bitcoin has retraced since achieving all time highs, but is still holding on to the $60K handle. We are seeing good support from $60K confirmed by several green triangles on the KRI. This appears to be a corrective impulse to the overall bull trend, and we expect support to hold, and for Bitcoin to establish value in the $60K's before another push higher. If not, we have a cluster of levels in the $50K's to provide further support including $59.4K, $57.7K and $56.8K. We will need to break highs again at $66.3K or so before we can consider our next price target at $68.6K
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