$BTC :
_Bitcoin (BTC) Update:_
As predicted in our previous update, BTC is recovering by absorbing liquidity below its $50,000 trade line. This move is likely to propel the market towards the $61,000 to $62,000 range.
_Key Levels to Watch:_
- _Resistance:_ $61,000 to $62,000 (expect rejection and a potential pullback)
- _Support:_ $50,000 trade line (a crucial level to hold for further upside)
_Market Outlook:_
After reaching the $61,000 to $62,000 range, the market is expected to face rejection and move back towards the $50,000 trade line support. This will be a crucial test for the bulls to maintain momentum.
_Stay Tuned for Further Updates!_
Keep an eye on these key levels and stay informed with our regular updates to navigate the crypto market effectively! 📈📉