🚨🚨Bitcoin Market Update: Consolidation Phase Post-Resistance Breakthrough🚨🚨
As of the latest chart analysis, Bitcoin’s price has entered a consolidation phase after breaking through the resistance line. This is a natural market behavior following a significant surge, where we observed an increase of 5,548 points (from 59,000 to 64,548) from yesterday to today.
Such price accumulation after a sharp rise is expected. Currently, our focus is on maintaining the price at this level, with a crucial aim for today’s candle to close above 63,226. This would confirm the upward trend and solidify the breakout.
Looking ahead, should this scenario hold true, we anticipate a retest of the following resistance zones: 66,800, 71,107, and 84,000 in succession.
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