đLONG: $BTC (4H)
Analysis:
Bitcoin's uptrend is intact as we see it breaking past major resistance levels. The recent breakout around $64,000 indicates strong bullish sentiment. Watch closely for potential pullbacks to $58,400, which could offer good entry points, keeping an eye on short-term resistance and support.
Price Targets:
If the momentum continues, Bitcoin could test the next resistance at $66,600, with higher targets at $70,000 and $77,000. Be cautious if it falls below the support level of $54,400, which could signal a trend reversal. Stay alert for trading opportunities!
