BTC breaking out of key resistance first stop $58.7K *Update*

BTC breaking out of key resistance at the 78.60% Fibonacci level signalling further reversal of the previous selling pressure in the market. First stop a retest of the current ATH 58.7K. Buy signal triggered 13 EMA crossing up 50 SMA, further confirmation of an explosive move back to the upside, possibly test new ATH at 127.20 Fibonacci extension at $66,953. $66,953 next after retesting current ATH price level.