Bitcoin is developing an upward movement and is currently consolidating in the 68,000 area.
The technical picture suggests the development of an upward movement with a target above the absolute high of 73,790.
The intermediate resistance may be the 72,000 level area.
If the support level of 65,500 (23.6% Fibo) is broken, the next support will be the 63,300 area (38.2% Fibo).
Created by Joshua Hayn
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