#BTC analysis

The price of #BTC is hovering around 64k area after bouncing back from the recent correction. If price able to sustain 64k region then market will bounce back to 68k, 70k or even 80k.

Technically #BTC broke the daily resistance line and now trading above it. Additionally, #BTC weekly candle closed as hammer one, which is a bullish sign and shows that market is recovering well from the dump.

Caution: cryptocurrency market is subject to high volatility and no analysis shall be considered as perfect and final.