Bitcoin Price Restarts Rally, Why BTC Could Soon Hit $65K
Bitcoin's price is surging above key resistance levels, with strong momentum pushing it towards the $65,000 mark! 📈🔥
Here's a quick breakdown:
✅ Bitcoin broke above $62,000 resistance, signaling further upside potential.
✅ Price is now trading above $62,500 and the 100 hourly SMA.
✅ Bullish trend confirmed with a break above a key bearish trend line at $62,300.
✅ Immediate resistance levels: $63,800, $64,500, and potentially $65,000+.
But what about dips? 🤔
❗️ Support levels: $62,750 and $62,250, followed by major support at $61,000.
❗️ Technical indicators show bullish momentum: MACD gaining pace, RSI above 50.
Remember, trading carries risks. Do your own research before investing. Stay informed, stay safe! 💼
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