Bitcoin traded this week relatively speaking in a tight range and is looking for direction.
This morning BTC/USD reached our first downside target of 61375 – next target down is 60400.
A good close Below BTC/USD 60400 elects a sell signal with a projected downside target of 58900.
A good close above 63700 is needed to confirm the next key resistance level which is projected around 70k!!
The range for today is: 60400 – 63700.
Have a successful day and a nice weekend!
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Bitcoin Apr 162021