BTC 1W & 1M UPDATE.

As you can see, there is a massive strong support, we can call it $63,500, but in fact it is much wider — $61,000 - $65,500.

The price was successfully stopped by that level, right below the previous ATH.

Therefore, we can expect the price to move up to $80,000 region (actually $75,000 - $82,000) in the next weeks without breaking the bearish trend.

Just a healthy correction as they say. If Bitcoin wanted to go straight to $50,000 without any corrections, there were a lot of opportunities. But all they failed.

$BTC
{spot}(BTCUSDT)