BTC is overall bullish but within the last 10-11 days we have seen it play between 62900 - 59500 and going as low as 58k. Although not showing any actual direction recently, there are two possible scenarios:
Scenario 1: Test 60k to see if it can hold support and blast off after refuelling to new ATH.
Scenario 2: 60k fails and causes BTC to drop to 54k or deeper to find an even stronger support before bouncing up and most likely start to create some sort of pattern (flag, triangle, ETC.) to take on extra fuel to blast even higher.
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