60K Reclaimed, 62.5K Next?Bitcoin / US DollarCOINBASE:BTCUSDinchartswetrustHi everyone🌴☀️ Yesterday, at the opening of the U.S. trading session, I mentioned that: “the bulls need to reclaim the 60,000 level and push toward the upper boundary of the range at 62,500 before we can start talking about a more convincing consolidation and a potential uptrend.” Fortunately for the bulls, this is exactly the scenario we're seeing on the chart. Bitcoin reclaimed 60,000, broke above 61,000 twice, successfully retested 60,000 as support, and is now taking a brief pause around 61,600, where the 4H EMA100 is currently located. However, judging by the strong momentum established at the U.S. session open, Bitcoin is likely to challenge the 62,500 level in the very near future. 🛡️🛡️🛡️Nearest support levels: 60,800 – local horizontal support 60,000 – major horizontal support + 1H EMA100 and EMA200 🪓🪓🪓Nearest resistance: 62,500 – the strongest resistance level, around which price has struggled since the beginning of June. This is the level to watch very closely, as a successful breakout would open the door for a move toward 64,890 and potentially 67,600. Also, don't forget about the Friday effect. Since tomorrow is a U.S. holiday for Independence Day, today effectively acts as Friday before a long weekend. Long-time readers know I've mentioned the "Friday effect" many times before—and it often has a meaningful impact on price action. Peace 🌄