BTCUSD Reversal Upwards to $64,000+
Looking at the 2-hour time frame of Bitcoin we can see that it has bottomed out at the $47,410 level from where it caught support after falling down from the local high formed at $64,581 which also created the start of this valley.
From here, Bitcoin regained this uptrend and hit our $55,218 TP level. Now i'm expecting Bitcoin to continue this path upwards and touch $57-58k and find those levels as support.
After this, Bitcoin will regain the local high at $61,336 and then eventually head towards $64,581 and then after it breaks out of this valley its going to touch the 3.618 Fib level at $68,361
From here, Bitcoin regained this uptrend and hit our $55,218 TP level. Now i'm expecting Bitcoin to continue this path upwards and touch $57-58k and find those levels as support.
After this, Bitcoin will regain the local high at $61,336 and then eventually head towards $64,581 and then after it breaks out of this valley its going to touch the 3.618 Fib level at $68,361
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