ChainCatcher news, according to CoinDesk, FxPro senior market analyst Alex Kuptsikevich said that $61,800 may be a key price for Bitcoin bulls in the near future.

He said: "If Bitcoin can rise above $61,800, it may drive the market to $67,000 quickly." Alex Kuptsikevich further explained that $61,800 is also the intersection price point of Bitcoin's 50-day and 200-day moving averages.