Bitcoin must hold $60,600 as support for further upside, says trader

Bitcoin (BTC) broke $62,000 on Aug. 8 and now needs to hold the $60,600 level as support on the daily chart to try a revisit to $65,000, according to the trader identified as Rekt Capital on X (formerly Twitter).The upward movement was likely triggered by BTC chasing a CME gap between $59,400 and $62,550. A CME gap is the difference between the closing and opening prices of futures contracts... source: https://cryptobriefing.com/bitcoin-price-support-60600/