Previously when BTC reached to 59,500 level on 18 april 2024 , BTC pumped by $7500 in price in 6 days and gave a weekly closing at 67200 and then reversed back to 56,000.
On 4 March 2024 BTC reached to 59500 level and then pumped by $14,400 in 10 days and gave closing above 73,000 and then reversed back to 60,000.
I consider this 59k range support a high level support .
Do your own research before taking any investment decision.
