Bitcoin (BTC) bulls are yet expecting a significant breakout yet right now, bears are applying tension and keeping the BTC stuck underneath $65,000.
Tradingview Chart suggests that in the morning price met a strong resistance near $62,500 - $63,000 & there is a Major Support at $60,000 - $61,000.
While looking at a bigger timeframe we can see BTC giving a breakout and reaching $80k in the first quarter of 2022.
The overall cryptocurrency market cap now stands at $2.712 trillion and Bitcoinโs dominance rate is 42.6%.
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