Bitcoin to 68k
For 6 months Bitcoin has been in a downtrend making consecutive lower highs
Price stalls above $60,000, and if we get any pullback, I believe the support level that has to hold is $61,300
On the 4-hour timeframe, we can see how price consolidated and deviated below this 4-hour consolidation range. Now, price is trading back above this level
If we can manage to hold 61k, I'm expecting an expansion toward 68k to 71.8k area taking those liquidity resting above.
Price stalls above $60,000, and if we get any pullback, I believe the support level that has to hold is $61,300
On the 4-hour timeframe, we can see how price consolidated and deviated below this 4-hour consolidation range. Now, price is trading back above this level
If we can manage to hold 61k, I'm expecting an expansion toward 68k to 71.8k area taking those liquidity resting above.
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