📈LONG: $BTC (4H)
Analysis:
Bitcoin recently formed a wedge pattern and rebounded after testing the support level. It has since broken through to the resistance line of $63,400. Considering current patterns, a potential correction could occur prior to any further movement.
Price Targets:
Watch for a potential dip before a run towards the next resistance at $63,400. If successfully breached, the targets could be $64,000. A drop below support might see levels around $54,400.
