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BTCUSD seems to be on its way to support – a possible opportunity?

BTCUSD is moving towards a line of 60437.7617 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If BTCUSD continues in its current trajectory, we may see it move towards 60437.7617 within the next 20 hours.

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Important price line being approached by USD/CAD. This price has been tested numerous times before.

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