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Last week we got very close to the historical maximum, but we did not surpass it and therefore we returned to the previous support (58 thousand), we bounced there and today we are again trying to surpass 64K.
As long as we do not exceed 64K or 58K with sufficient trading volume, we will be bouncing in that range.
If we break above 64K, there is uncharted territory ahead, but it could be 86K, as it is the 1.6% fibonacci level from the all time high of 64K. BUT, if on the other hand the support at 58K is broken, the next support is at about 52.3k, good luck.
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BTC is on 61k now but we are expecting BTC to do correction.after the correction,once BTC break the resistant line,we will expect it to get to 70k or more.
We can't wait to see BTC on 80k this year.
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