Bitcoin is bouncing as expected after just kissing the support area. BTC is now trading above $58,000 which is good sign. Bitcoin need to break $60,000 resistance now. The weekly candle closing above $60,000 is bullish so we are waiting for it. Now the local support is $58,000 and major support remains the same.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.