For 6 months Bitcoin has been in a downtrend making consecutive lower highs

Price stalls above $60,000, and if we get any pullback, I believe the support level that has to hold is $61,300

On the 4-hour timeframe, we can see how price consolidated and deviated below this 4-hour consolidation range. Now, price is trading back above this level

If we can manage to hold 61k, I’m expecting an expansion toward 68k to 71.8k area taking those liquidity resting above.

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