Bitcoin

BTCUSD IDEA

120
The trend is still strong and bullish. The price is in a sideways range and continues to collect liquidity. The range boundaries are 73500 - 60000K. The key level below which there is a huge pool of liquidity is 59300-59500, there is a high probability that Bitcoin can test this area before further growth. I am expecting a rise because Bitcoin's technical and fundamental components look very promising: Bullish trend, liquidity gathering at the expense of sellers (potential for growth), buyers are very confident to keep the price in the range, introduction of BTC-ETF in Hong Kong, which will only attract new investors and their money.
Resistance levels: 64750, 65500, 67300
Support levels: 61500, 60200, 59300
Within the range you should consider the appropriate trading style (bounce or false breakout). Don't forget to watch the price reaction to strong levels and zones. The outlook is still bullish.

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