Bitcoin reached the 63400 support area and rebounded from there
If Bitcoin is able to penetrate 65,500, this is a good thing, and this means that the next target after that is 67,000. If it is able to penetrate this resistance, the market will witness a significant improvement and perhaps the end of the correction, but Bitcoin’s performance is still weak during this stage, and if the support area 63400 is broken, it will be a decline targeting 62,500 and perhaps 60,000.
We will monitor the market and every recent event.
Wish you all the best .
