📊NEUTRAL: $BTC (4H)
Analysis:
This 4-hour chart for BTC/USDT shows bullish signals as it edges toward the critical $60K resistance. If BTC breaks through, we could see a continued upward trend. A rejection at this resistance, however, might lead to a retest of the $57.4K support level.
Price Targets:
If a breakout occurs, traders can look for BTC to reach $62K. On the downside, a rejection at the $60K level might lead to Bitcoin moving back towards $57.4K for another support test. Keep an eye on the next few candles for confirmation!
