Bitcoin has entered a very narrow range of suffering over the weekend. The support range that has held Bitcoin so far is $ 60,700 to $ 59,500. The $ 59,000 price is an area where, if broken, the bitcoin trend will be reversed for a short time. And in that case, it can move towards the target range, 56200. EMA and SMA indicators show good support in these areas.
But in general, we expect this important support range to be maintained, and Bitcoin to be able to move back to the previous level once again. To do so, it must first move from $ 59,000 to $ 62,000, and if it can break the second downtrend, it can move up to the previous level.
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But in general, we expect this important support range to be maintained, and Bitcoin to be able to move back to the previous level once again. To do so, it must first move from $ 59,000 to $ 62,000, and if it can break the second downtrend, it can move up to the previous level.
More about this source text Source text required for additional translation information