The major resistance for now is $60k, because the resistance barrier $50k is crossed and if $53k is reached there is more chance of reaching the previous ATH by the days around Christmas. If this doesn't take place, then this year is gonna end on the bearish move. Because, more selling of bitcoin will take place during the year end than other months. This time the trend can change as there is better understanding and adoption of cryptocurrency.
Still $50,000 in my opinion, yes it was broken but we didn't sustained it and now we are below that price again. So for now forget about $60,000 that will be too big for us to even go as the sentiments have shift to being bearish or least in the middle grounds of it.
On the contrary, last year there's not much selling in December as the price keeps climbing up. But we are in a different scenario for this year and we have to accept that fact.
I see that point; the market is moving sideways, and this correction seems to last. We never know if this will be changed after this first quarter
or it will continue, the sentiment keeps on being bearish and more traders are fearing of losing their money, unlike last year where we see
more bullish, that's the risk of investing inside this market, fluctuation is unavoidable you just have to gain strong knowledge to follow whatever
the adjustment is needed to survive continuing with this business.