$BTC fib 0.618-0.786 (62288-60889) support zone has seen the first buyers arrive. However, it is also at the resistance level in the 63-64 thousand zone.

If it gets rejected, there could be another drop. For the uptrend to continue, it must stay above the 67,500 level.
If it breaks the 67,500 resistance, it could test the 74-75,000 resistances. Unless there is a sustained move above the 74,569 peak, the possibility of a decline still remains.
If the rise continues, the next resistances are the 82,885 - 98,000 - 109-107 thousand zones. There is a strong resistance at the 109-107 thousand zone. If it cannot be surpassed, another decline could come.
In deep pullbacks, the 60,000 level must be maintained. Otherwise, the decline could deepen further. The drop may continue toward the 55-50 thousand support levels.