Bitcoin- Traders, buckle up! Hodlers, close computer!Yesterday, BITSTAMP:BTCUSD briefly hit a new all-time high for about a second. Following this much-anticipated event, the price sharply declined to the 60K zone.
From a technical standpoint, both the long-term and short-term bullish aggressive trends remain intact.
However, we should anticipate extreme volatility and significant fluctuations.
Buying opportunities are present during dips, with the 62-64 zone being ideal for such purchases in anticipation of a real ATH around 78k.
For speculators, it's crucial to note that the 59-60k zone should remain intact.
If the price falls below this level, there is a high likelihood of a further drop to the ETF announcement's high.
