BTC/USDT Analysis
🔍 General situation:
🔺 Trend: Uptrend.
Recent rise after bearish correction.
📉 Support: Around $60,980.
📈 Resistance: Around $71,606.
🌥️Ichimoku Cloud: The price is currently in the cloud, indicating market uncertainty.
🔹 Moving Averages:
7-day SMA: $66.43625-day SMA: $61.74599-day SMA: $64.437
🔴 SAR (Parabolic SAR): $63,355 is the level to watch for potential sell signals.
🔮 Forecast:
If the price breaks through the resistance level at $71.606, further growth can be expected. If the price falls below the support level at $60.980, a correction to lower levels is possible.
