Bitcoin price could not continue beyond the resistance level of $6,3650 and is currently in the process of taking profit. Bitcoin is likely to return to the $60,850 support level.

Bitcoin started a downward correction from the $6,3650 resistance area.
The price is trading below $62,500 and the 100-hour simple moving average.
A bearish trend line connecting with resistance at $61,850 is forming on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair may try to start a new rally above the $62,250 resistance zone.

Bitcoin's price failed to break the $63,650 resistance and is now experiencing profit-taking. It's expected to drop back to the $60,850 support level.🎭 
60 $DEGEN