#Bitcoin reached a high of $64,000 on February 28 but has since faced rejection and pullbacks.Despite this, BTC has managed to hold on to the $60,000 levels and is attempting a rebound.BTC is holding above the 78.60% Fibonacci retracement level and continues to trade above it.On the hourly chart, BTC is observed trading within a bullish pennant pattern.The 4-hour BTC/USD chart provides a clearer picture of the recent uptrend and subsequent consolidation.This pattern indicates indecision after a spike, providing a potential entry point for a continuation of the uptrend or a reversal from a lower consolidation boundary.The key question remains: will BTC break $69,000 to a new high or is there a pullback?According to Coin Gabbar analysis, the 2030 Bitcoin price prediction appears to be $200,000, while the 2040 Bitcoin price prediction is around $500,000.Critical level:Resistance: $62,500-$63,500Support level: $61,200-$60,000It’s still the same, I need fans and you need reference, so strategies are shared with fans for free!
