Bitcoin, when viewed on the weekly timeframe, has withstood seller pressure well and was halted by dynamic support, from which a reaction began. A gap formed at the opening of this week, which will act as a significant price magnet (the price gap is indicated by a white rectangle on the chart). On the plus side, we closed yesterday above 63,800, thereby breaking the local downtrend. Filling the gap won't hurt us; it will only remove any doubts about the buyer's reaction in the gap zone. CONCLUSION: Wait for the price range of 57,900-60,800 and look for long entry points there. This is the current action plan. #Write2Rean
