$BTC close to 66k again.. Another big BOOM after the sell-off earlier today.
Technical Analysis Report: $BTC /USDT;
$BTC /USDT is currently priced at $64,656, marking a 1.37% gain, showing bullish momentum as indicated by recent candlestick patterns on Binance. The chart illustrates a significant recovery from the 24-hour low of $62,670 to test the high near $64,656. The volume of 19,322 BTC shows strong buyer interest at these levels. Resistance can be expected near the high of $64,817.99, with a potential push to $65,000 if the bullish trend continues.
Given the bullish trajectory, traders may consider long positions on a break above this resistance, placing a stop loss just below the recent low around $64,000. Short positions may be risky unless a clear reversal pattern develops. This bullish trend in BTC mirrors broader market moves, with other major coins like ETH and BNB also trending similarly, creating multiple trading opportunities across the entire crypto spectrum.
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