The $BTC chart shows a strong recovery after a dip. With the price bouncing back from $53,400 and moving upwards. The price broke through multiple resistance levels, including $58,570, and is now pushing above the $61,000 mark, indicating bullish momentum.

With consolidation forming around key levels and the price breaking out of downtrend patterns, $BTC/USDT is showing signs of further upward movement. The bullish breakout suggests that the price is poised to continue its rise, targeting the $65,000 resistance level and beyond.

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