Analysis:
Bitcoin seems to have completed its fourth downward wave and is preparing to break the ascending triangle and enter its fifth wave. Currently, it is fluctuating around $60k and facing difficulties in surpassing the $67k resistance level. We should watch closely for either a bullish breakthrough or bearish pullback.
Price Targets:
If Bitcoin breaks above the resistance, the next target could be $85k. However, if it fails and retraces, look for support around $49k. Keep an eye on these key levels for potential trading opportunities and market direction confirmation!
