Current price: 61500
Key point: 61000
Our preferred direction: Buy positions above 61000 levels with 68000 as a first target and then 73500 as a second target.
Alternative scenario: Stop loss and change the trend by breaking the 61000 level, targeting the 58000 levels.
Technical commentary
Bitcoin has once again reached the important support area at the 61000-59000 levels, which is consistent with the ascending trend line, the 200 moving average, and the harmonic pattern, so it is expected to rise to the 68000 levels and then the 73500 levels.
