Bitcoin Outlook and Price structureBitcoin / US DollarCOINBASE:BTCUSDCrazyTrades247After a big downfall bitcoin took support of 59,000 on 5the June, and since then it has been consolidating withing a range of 64,200 - 59,000. Structurally breakout above 64,200 would be a bullish move, if price moves above that then it can retest the bearish trendline. however breakout below the level of 60,708 and 59,073 would lead to the continued move on the downside as outlook on the higher timeframes are already very bearish. Below the immediate support of 59,000 next support is at the level of 52500. For Educational Purposes only, Not an Investment Advice. Any new perspective you want to add, Please feel free to mention below in the comment. Regards CrazyTrades247.