Bitcoin is gearing up for a major move! 🚀

According to prominent trader HornHairs, $BTC needs a daily close above $62,800 to push toward new all-time highs. On September 19, he emphasized this key level for Bitcoin's next advance. With BTC/USD already up 7.8% this week, the momentum is building!

If Bitcoin holds above $62,800 and maintains its recent support at $56,500, we could see a strong rally ahead! HornHairs believes this could be the spark for Bitcoin's next big ATH run. 🔥

Adding to the mix, MS2 Capital points out that the 200-day SMA aligns perfectly with the largest on-chain volume cluster near $63,800, further solidifying this level's importance. Meanwhile, trader Rekt Capital highlights that Bitcoin has been trapped in a downward channel since July. However, the breakout target of $66,800 is within reach!

Bitcoin touched $63,800 this morning and is currently trading at $63,350, up 2.1% in the last 24 hours. ⏳ Time is running out as Bitcoin sits in a "reaccumulation range" post-halving. Will we see the breakout soon?

#CATIonBinance #BTCReboundsAfterFOMC #FOMC #NeiroOnBinance #Write2Earn!