Bitcoin has pulled quite sharply from a new all-time trading high, after finding solid technical resistance just below the $65,000 level. The former all-time high for the BTCUSD pair, around the $61,800 level, could find strong dip-buying interest in expectation of further gains. If the $61,800 area breaks bulls may attempt to buy around the psychological $60,000 resistance level.
The BTCUSD pair is only bullish while trading above the $60,000 level, key resistance is found at the $61,800 and the $65,000 levels.
If the BTCUSD pair trades below the $60,0000 level, sellers may test the $58,380 and $57,000 levels.