Bitcoin continued its upwards trend on Friday, currently fluctuating at $61,560. The number of downloads of encryption applications in Europe and the value of BTC reached their peaks in April 2021. The Wharton School of the University of Pennsylvania accepts Bitcoin and Ethereum for tuition. Data: There are currently 36 cryptocurrency ETFs waiting for US SEC approval.
From a technical perspective, the daily candle hit the bottom and rebounded. It was under pressure by MA10. The indicator was bullish. On H4 graph, bitcoin reached the lowest point and stable at middle BOLL Band. Overall, prioritise Buy. The chart below is showing the key point and the estimated trend, the deciding point whether to buy or sell is near 59500.
Resistance：62500-63700-65000
Support：61000-59500-58000
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