WE HAVE ENTERED THE 60K ZONE
NOW WHAT?
Bitcoin would need to avoid a fall back through the $56,580 pivot to bring the first major resistance level at $58,730 into play.
Bitcoin could test resistance at the $60,000 levels before any pullback.
A fall back through the $58,407 pivot would bring the first major support level into play.
Barring an extended sell-off through the afternoon, however, Bitcoin should avoid sub-$55,000 support levels. The second major support level sits at $53,189.
THANKS FOR WATCHING !
NOW WHAT?
Bitcoin would need to avoid a fall back through the $56,580 pivot to bring the first major resistance level at $58,730 into play.
Bitcoin could test resistance at the $60,000 levels before any pullback.
A fall back through the $58,407 pivot would bring the first major support level into play.
Barring an extended sell-off through the afternoon, however, Bitcoin should avoid sub-$55,000 support levels. The second major support level sits at $53,189.
THANKS FOR WATCHING !