👉Bitcoin price has been consolidating between the key $62,000 and $64,700 levels for over six days. As of Wednesday, the price was trading at $64,360.

👉If Bitcoin price breaks out of this consolidation range around $64,700, it could first move up to retest the daily resistance level at $65,379. A successful daily close above this level could extend the rally by another 7% to retest the July 29 high of $70,079.