We saw a pullback in $BTC yesterday; however, the 67,000 demand zone has held pretty well throughout today. The new resistance is at 68.2-68.5k. If the retest of below 67k gives a better bounce back up above 67.5k, we could see the 68.2k resistance broken and turned into a support, which would clear the way for an upward move.

The 65-67k level is a very important support level and we would like to see it hold throughout the weekend to expect an upward move.

I am bullish for the $BTC and to me a move under 63-65k seems very unlikely but we can't predict with certainty. Through the weekend we could see choppy price action with not much happening, unless we see a good bounce from under 67k level.

I am not an investment advisor and my posts should not be taken as an investment advice, and I take no responsibility of any losses to the reader. Do your own research before taking any trades and manage your risks based on your own research.