#Bitcoin managed to get back above $60,000 after getting a reaction from the $58,000 support.

In the previous post, I explained that the $58-59k range is a very important level and that we can get a reaction from this level.

It was nice to get a reaction from this level and the throwback movement is complete. In the current situation, the positive outlook is expected to continue unless a daily close occurs below $58k.

Coinbase generally continues to buy. Coinbase continues its buying trend from $49,000.

There is still no buy signal on Binance, but Coinbase purchases are enough for spot CVD to rise and it is nice that the rise is supported by the spot side.

ETF entries/exits were generally calm this week, there has been no serious entry or exit so far.

Despite the 25% drop in price, they almost never sold. This shows that they bought to hold what they bought for the long term. They continue to hold without being affected by the short-term price movement.

Coinbase continuing to buy and ETF investors not selling is positive and I think the positive outlook will continue unless the daily close occurs below the $58k support.

We may see sudden price movements due to the inflation data to be announced at 15:30. There is no need to look for much meaning in short-term price movements. For now, just maintaining the $58k support will be enough.

I am trying to give you clear information without confusing you too much. I can reach more interaction and followers by sharing many posts, but instead of confusing you with unnecessary information, I am trying to provide you with the correct information in a short and concise way.

If you think it is useful, it will be enough for me to like the posts, my friends. I wish everyone a nice day and plenty of earnings.