Let's take a final look at the global 1 week timeframe with you. Globally, we have with you a key level on the round number - the ~$60,000. This level is drawn from two previous price highs that occurred in 2021. It has been resistance for a long time.
After the formation of a "false breakdown " above this level, it became clear that the bulls are holding it as support 🐃 The next resistance on the price path is ~$71,400, which is held at the last highs. Something serious it does not represent in comparison to the same ~$60,000.
The Bitcoin chart is likely to repeat history with the past consolidation between ~$25,000 and ~$30,500 that started in April-May 2023. 🕯
Based on the above, we can assume that we have only seen a local stop on the global bullish trend, which will soon continue. As long as the price holds ~$60,000 the global upside scenario is relevant 📈