Bitcoin price is at a critical level, and this reaction seems to determine the medium-term trend of the crypto market. 🚀

**Daily Chart**

- Bitcoin has broken the $56K and $60K levels after recovering from the $52K support level.

- It is now at the $64K resistance level and the 200-day moving average.

- If it breaks this level, prices could rise further. Otherwise, the $60K level could come into play as support.

**4-Hour Chart**

- BTC is consolidating inside a small falling channel at $64K.

- If it breaks down, it could be a classic bearish reversal. If it breaks up, a rapid rally to $70K is expected.

**On-Chain Analysis**

- Short-term investors panicked and sold at a loss.

- However, with the recent price increase, these investors have started to make profits again.

Share your thoughts in the comments! 💬📈