Bitcoin price around $61.000: analyst sees opportunities towards $75.000

The Bitcoin price is currently moving around $61.300. a decline of 1.9% in the past 24 hours. Yet not everyone sees this as a reason to panic. An analyst who has been long since the bottom explains why he remains calm right now and what the coming weeks could hold for Bitcoin.

Bitcoin is available at OKX and Bybit.

Two lines, one plan

Analyst @eliz883 shares a remarkably simple approach. On a daily chart of the Bitcoin price, he draws only two horizontal lines: a support zone around $60.000 and a resistance zone around $80.700, No complicated indicators, no complex models. Just key levels, risk management and patience.

According to him, the plan has worked perfectly so far. He states that he has been long since almost the lowest point and that the logical next step is a return to the $70.000 to $75.000 zone, as long as Bitcoin manages to stay above $58.000, That is the crucial level he is watching.

What if $58.000 does not hold?

If the price were to drop below $58.000. that would change little for the analyst in his strategy. He sees such a scenario simply as a new entry opportunity, this time around $50.000, For him, that is not a disappointment but rather a second chance to get in cheaply.

Meanwhile, it is noticeable that large players were already active during the recent dip. Data reported that Bitcoin whales deposited twice as much BTC on Binance during the June dip, which could indicate that larger parties also find the current levels interesting. The analyst’s message remains clear: keep it simple, manage your risk and be patient.