$BTC Bitcoin Update 🚨
As mentioned last night, the current Bitcoin support range is approximately $61.4k to $60k. We need a closing above $61.5k and also a daily close above $60k. Yesterday, the daily candle closed at around $60,300, which is positive but not ideal due to the breakdown of our important trend line support on the daily chart. We need to see a reclaim of this trend line on the daily timeframe, so let's wait for this development.
I've marked this with a dark blue arrow ⬆️, and you can see Bitcoin attempting to reclaim our black trend line. Let's see how it performs today.
Regarding the Market Sentiment Oscillator (MSO), it is currently NOT BULLISH ⛑️.
**Stay informed with our latest updates.** Stay tuned.$BTC
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