Is Bitcoin poised to break $64K?

Bitcoin has gained 4% in the past 24 hours, reaching $63,400 after a strong bounce from below $59,500.

Analysts are expecting a short consolidation period before a potential rally next week.

A break of the resistance between $64,000 and $65,000 could spark a fresh rally, pushing the price towards all-time highs.

Key Resistance Levels:

$63,620: A bearish trend line that could impede the current advance.

$66,650: The 50% Fibonacci retracement level, which is the next major resistance.

Possible Signal:

If Bitcoin can break $64,000, we could see a broad bullish trend that could push the market to new highs, with the potential to boost altcoin markets as well.