Bitcoin is back on stage! đ
- Bitcoin price continues to consolidate at $60K. However, a sudden move could start soon.
- On the daily chart, the price needs to break out of the $60K level and the 200-day moving average.
- On the 4-hour chart, the price is testing a critical trend line. If this line holds, it is possible to break above the $60K level.
- In on-chain analysis, Bitcoin funding rates are falling. This indicates that the market is no longer overheated.
Share your thoughts in the comments! đđŹ
