#BTC 60,000 has been tested. In the daily chart, buying pullback from this level has appeared.


For the uptrend to continue, it needs to form higher highs. The first peak that will give us an initial signal about the bullish move is at the 67,500 level.
When price stays above it, a signal that the uptrend will continue will be triggered. After breaking the 67,500 resistance, it may test the 74,000–75,000 resistance levels. As long as there is no persistence above the 74,569 peak, the possibility of a drop is still in play.
Looking at the last sell-off wave, 4-hour closes above 63,305 may start turning the market positive.
On declines, the 60,000 level must be held. If it cannot hold, the sell-off can deepen further. The decline may continue toward the 55,000–50,000 support levels.
BTC-1.55%
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