Special update: Where is Bitcoin heading?
Quick read on the weekly close
Bounce off the support line: After some dry weeks and a sharp drop, Bitcoin is rallying again after bouncing off the crucial support point at 60K.
Promising weekly close: The indicators are strong after the market closed the week between 65K and 66K, which is the same resistance line we previously identified as a key condition for the potential formation of a "double bottom" pattern.
Current movement: With the market opening this week, Bitcoin has continued its ascent, but it's now facing strong daily resistance; if luck is on its side and it breaks through in the coming days, that's very positive.
The crux of the matter: To determine if Bitcoin has truly entered a bull market on a weekly basis, we need it to break the strongest resistance between $67,000 and $68,000. This is the key level we're watching closely in the upcoming period.
Note: The market requires patience and careful monitoring, so stay close.