Bitcoin's price is at a critical level, determining the mid-term trend of the crypto market.On the daily chart, Bitcoin has broken key resistance levels and could surge higher or find support at $60K.The 4-hour chart shows Bitcoin consolidating at $64K, with a potential bearish reversal or bullish rally to $70K.On-chain analysis suggests short-term holders have been realizing profits again, but selling pressure could lead to a market drop.