Bitcoin is forming a diamond pattern right now. If we are able to break the pattern to the upside It's highly likely we can see 63k level soon. I still stand with my previous BTC chart. A retest is still due on the channel breakout. SO if we break the 58k level along with 21D MA. It's highly likely we can see 55k 56k level with a strong bounce in that area. CONCLUSION: BTC maintains 21DMA we are going to 63k (Scenario 1) Break below that level means 55k which is scenario 2 will be in play.
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