Bitcoin has fallen below $62,000 after touching $64,000 this week. So, will the leading crypto asset see new highs soon? 🚀

A CryptoQuant analyst explained the factors that could allow Bitcoin to maintain its current price range and move higher. According to historical data, it is important for the continuation of bull markets for BTC to remain between the "critical psychological turning point" and the "optimism zone".

However, the US government's plans to sell 69,370 BTC seized from Silk Road could cause a market decline. It was even suggested that Michael Saylor should buy these BTCs. Let's see if BTC can stay optimistic? 🤔