Bitcoin’s price experienced a low point of $60,630 within the past day, but it has since found buyers at $62,350 at the time of writing. Esteemed analysts are facing difficulties in forecasting which direction Bitcoin will break out from its current narrow range. The chart, shared by the well-regarded crypto analyst Rekt Capital, indicates that the region that previously served as a resistance level during Bitcoin’s record-breaking highs is currently under scrutiny.
