After touching $60k $BTC again gain weight and touch $61,500... It almost gain $1400 within no time..
$BTC /USDT has shown a remarkable recovery in the latest trading session, bouncing from a low of $60,164 to a current price of $61,212.12, which marks a 2.24% decrease over the previous 24 hours. This surge signifies strong buying interest around the $60,500 support level, propelling the price toward today’s high of $63,084.
For those considering a short position, it's crucial to observe if the price stabilizes or encounters resistance near the current levels, as this might suggest the potential for a pullback. Setting a short entry around $61,200 with a stop-loss just above $61,300 and targeting a retest of lower support levels could be a strategic move, keeping risk management in focus due to BTC's inherent volatility and recent bullish momentum.
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