BTC /USDT
đ Bitcoin #BTCđ„đ„đ„đ„ is showing signs of recovery after the recent pullback. The chart shows that the price has reached the resistance level at $61,000, which corresponds to the upper boundary of the short-term ascending channel. However, further gains may be limited given the approach to the Ichimoku cloud, which may put pressure on the price.
đ The current upward momentum may continue if the price can break the resistance at $61,000. Otherwise, a pullback to the levels of $59,000 - $58,000 is possible, which will lead to a test of the buyers' strength.
đ Resistance levels: $61,000 and $62,500 đ Support levels: $59,000 and $58,000
â ïž Conclusion:#BTCis showing short-term bullish momentum, but resistance at $61,000 will be key for further movement. In case of a pullback, support at $59,000 - $58,000 will be critical to maintaining the uptrend.
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