Currently, there’s an observable potential for an uptrend towards the $64,000 mark. At this juncture, we might anticipate a retracement, with the price potentially dropping back to the region of $59,800 - $59,300.
Should this correction occur, it could set the stage for a subsequent rally, propelling Bitcoin’s value towards the $70,000 threshold. However, it’s crucial to monitor the support levels closely. If the $59,000 - $58,000 zone fails to hold, we should brace for a possible descent into the $55,000 - $52,000 range, where significant liquidity is present.
For the bulls, the immediate targets to watch are two key levels: in the vicinity of $78,000 and $84,000. These price points represent critical resistance levels that could pave the way for further gains if successfully breached. Good Luck! 💪🚀🚀🚀
