$BTC - PRICE ANALYSIS đđš
It is currently displaying strong bullish momentum on the 4-hour chart, with the price consolidating near 63,000. This level comes after a series of impressive breakouts, where buyers have consistently pushed through previous resistance zones. The market structure remains firmly in favor of the bulls, with clear signs of strong demand driving prices higher.
Right now, Bitcoin seems to be taking a breather, consolidating just below its recent highs
As long as Bitcoin stays above the 60,000 mark, the uptrend remains intact, and we could see attempts to push towards 64,000 and beyond if buying interest continues.
Key levels to watch are the support zones around 58,000-59,000. These areas have previously acted as launchpads for the price, reflecting strong accumulation by buyers. Any pullback into these zones could present an opportunity for those looking to join the trend, provided thereâs evidence of the market holding steady
the current outlook for Bitcoin remains positive. The bulls are in control, and as long as key support zones hold firm, the path of least resistance points upwards - LFG âïž
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