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For those tracking Bitcoin movement on the smaller timeframes and following its daily movement: Bitcoin is currently at $64,000.
It has now reached the resistance point at $64,995.
A breakout and a daily close would target:
- First target: $67,000
- Second target: $70,000
- Third target: $75,000
And you must update when reaching the resistance areas mentioned to track the reversal.
Important support to maintain in order to complete the reversal move: $57,000.
A strict stop-loss—if broken, it is bearish and would mean the end of the upswing.
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