Previously when BTC reached to 59,500 level on 18 april 2024 , BTC pumped by $7500 in price in 6 days and gave a weekly closing at 67200 and then reversed back to 56,000.
On 4 March 2024 BTC reached to 59500 level and then pumped by $14,400 in 10 days and gave closing above 73,000 and then reversed back to 60,000.
I consider this 59k range support a high level support .
Do your own research before taking any investment decision.
When you were in fear , Someone was buying in bulk fro the bottom.
Look at SOL , BTC is at 57,000 and SOL already has reached to 155. What will be the price of SOL when BTC will be at 70,000? obviously above 200 or 250.
Same with all alt coins.
They took benifits of yout fear , Now when you buy at this level , they will dump market to realize profits.