I give you my data based on technical analysis, they do not reflect my strategy, nor my short-term vision. But I share this with you:

Bitcoin (BTC): $61,920

1. Current Trend:

- Bitcoin is showing a strong upward trend, with a price that has exceeded $60,000 and stands at $61,920.

2.Support and Resistance:

- Support: Strong support is found around $60,000-$59,000. Maintaining this level would reinforce the upward trend.

- Resistance: Major resistance now sits near $65,000. Crossing this threshold could open the way to new highs but the price must confirm USD 70k.

3. Technical Indicators:

- RSI (Relative Strength Index): The RSI is currently high, suggesting possible overbought. Traders must remain vigilant.

- MACD (Moving Average Convergence Divergence): The MACD indicates sustained bullish momentum, confirming the current trend.

4. Future Possibilities:

- Bullish Scenario: If the resistance at $65,000 is exceeded, Bitcoin could target levels close to $70,000 in the short term.

- Bearish Scenario: A correction could occur, but a break below $60,000 would be necessary to reverse the current uptrend.#Binance #bitcoin #MarketSentimentToday $BTC

@Vicekingradio