After recording a new all-time high on Wednesday, BTC has fallen into correction mode towards the $60K psychological support to ease out of overheated conditions. The benchmark cryptocurrency has remained in a sideways momentum between $62K and 61K for the past few days but temporarily dipped below the $60K support yesterday.
That said, we expect a return to the $60K - $59K support in the coming days before posting a rebound to the $63K to $64K area.
Meanwhile, our resistance levels are at $66,000, $67,000, and $68,000, and our key support levels are at $64,000, $63,000, and $62,000.
Total Market Capitalization: $2.51 trillion
Bitcoin Market Capitalization: $1.13 trillion
Bitcoin Dominance: 45.3%
Market Rank: #1
That said, we expect a return to the $60K - $59K support in the coming days before posting a rebound to the $63K to $64K area.
Meanwhile, our resistance levels are at $66,000, $67,000, and $68,000, and our key support levels are at $64,000, $63,000, and $62,000.
Total Market Capitalization: $2.51 trillion
Bitcoin Market Capitalization: $1.13 trillion
Bitcoin Dominance: 45.3%
Market Rank: #1