Digital currency analyst: Bitcoin must cross the $58,000 resistance barrier
 Cryptocurrency analyst and investor Jason Pizzino has identified an important resistance level for Bitcoin (BTC). He believes that if Bitcoin rises around 6% from current levels, it could set the stage for a bigger upside move. If Bitcoin consolidates above $58,000, it could test the crucial $61,500 level, Pizzino says. This level is 50% correction from March to h,j. According to him, the stabilization above this level can start the next stage of the climb towards higher prices. Pitzino also notes that even if Bitcoin falls to the mid-$40,000s, it will still remain in a long-term uptrend.

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