Bitcoin ($BTC) has shown renewed upward momentum after a slight dip. Currently trading at $57,947.12, it has increased by 0.22% over the last 24 hours, with a high of $59,650.00 and a low of $57,050.00. Trading volumes stand at 28,299.33 BTC and 1.65 billion USDT. Short-term charts (15m, 1h, 4h) indicate stable bullish trends. Traders aiming for long positions may consider entry above $59,650.00, targeting higher resistance levels. Conversely, short positions could be considered if the price drops below $57,050.00, aiming for lower support levels. Effective risk management, such as using stop-loss orders, is crucial amid potential market volatility.
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BTC
59,122.86
-2.57%
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