BTC update:BTC update:
BTC is trying hard to break above the 21 MA. Once it breaks above this MA then we may possibly see BTC reaching $68k to $70k.
If BTC fails to hold the current support level and breaks below the lower trendline then we may see BTC dropping to $60k or even lower.
Key points to monitor will be:
1. The daily close above $65k.
2. BTC breaking above the 21 MA.
3. Support level at $62k to $63k.
Trade safe and stay tuned.
