$BTC

- Bitcoin reached $64,348 and is currently trading at $63,614

- Positioned above a critical pivot point at $61,650, indicating a potential move towards $70,000

*Key Points:*

- Trading volume: approximately $29.19 billion in the last 24 hours

- Market value: almost $1.25 trillion

- Critical price levels:

- Pivot point: $61,651

- Immediate resistances: $64,564, $67,084, $69,356

- Immediate support: $59,164

- Further supports: $56,677, $54,336

- Technical indicators:

- 4-hour chart: uptrend strengthening, break above 50-day EMA at $61,574

- 'Three white soldiers' candlestick pattern: bullish momentum

- RSI: strong buying pressure, value of 63

- 50 EMA: currently acting as support

*Conclusion:*

- Bitcoin's market situation remains positive above the $61,651 pivot point

- Potential to move towards higher resistance levels, including $70,000, as long as the pivot point is maintained.

#BullorBear #BlackRock #BTC #altcoins #FollowAndRetweet