Bitcoin appears to have completed its retest movement on the 4-hour chart and started to gather volume again. 73,754 is an important resistance level and once we see 4-hour candle closes above this level, the next target is the 81,000 region. In case of downward breakdowns, the 62,106 level will act as an important support. When we look at the lower side, we see the level of 58,921. There are heavy buy orders at this level. We may see a test to execute these buy orders and clear long liquidations.

#btc $BTC