Current price: 67850
Key point: 65000
Our preferred direction: Buy positions above 65,000 levels with 73,500 as a first target and then 80,000 as a second target.
Alternative scenario: Stop loss and change the trend by breaking the 65,000 level, targeting the 58,000 levels.
Technical commentary
Bitcoin price is still stable above 65000 levels, above the descending price channel after breaking it. Once it breaks and stabilizes above 69000 levels, Bitcoin will head towards 73500 levels and then 80000 levels.
