Pivot point: 62000.
The expected scenario: entering long positions at 62000 levels, targeting the $67400 levels.
Alternative scenario: entering into short deals at the lowest levels of 62000, targeting the $59,000 levels.
Commentary: Bitcoin is still in a general bullish trend in the medium and short term, through the ascending price channel, as it is currently trading at strong demand levels, which supports the current rebound, And to complete the general bullish trend, especially in light of the intersection of the EMA100 above the EMA50, in addition to the presence of the liquidity flow indicator at oversold levels, which supports the positive outlook for Bitcoin trading in the short term.
