Retest at 60K incoming - decision time approaching?

The way the price is currently moving, it seems fairly safe to predict that many levels that were overcome during the surge back up, from the low made at 60K, will be retested this week if not already today.

IMHO, it is likely that 60K itself will see a retest. Technically, this looks like a crucial level. The outcome of this test will, according to my gut feeling, decide whether we are going to see another long drawn-out bear market, leaving the liquitidty gaps right up to near 100K alone until much later, or if there is still a chance for a moderately swift reversal to the upside.

Should this level not hold, more retail holders, including latecomers to the 2021 bull market, will jump ship and call it a day. Many people are well and truly sick of being part of an experiment, and more specifically, BTC's extended bear market pattern with increasingly muted and fragile bull runs.

Time is money, and the opportunity cost for participants of the experiment has been rising sharply in recent years, while a vast array of currently more profitable alternatives are available. Why not invest elsewhere and return to the "best performing" asset a few years down the line, when it may have made up its mind and resolved its identity crisis? I am certainly not the only one weighing such thoughts.