Bitcoin Nearing Critical Resistance at $60,800 What Comes Next?
Alright, ladies and gentlemen, we had a strong day for Bitcoin, with a solid move to the upside, indicating positive momentum from the bulls. However, Bitcoin is now facing strong resistance at $60,800. If it breaks through this resistance level, we could see a push all the way up to $64,800, which is the next major resistance. However, it's more likely that Bitcoin will hit this resistance and pull back to around the $58,700 area. As I’ve mentioned before, we’re not out of the woods yet. There's still downward momentum, and I’ll keep you updated in the coming days and weeks.
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