🚨⬇️ BITCOIN UPDATE

The RSI is approaching the neutral area near 50, while the MACD remains negative but is positioned above its signal line. For upward movement, the MACD must break above the zero level. Currently, the price is trading above the 20-period moving average (59,999) but remains below the 50-period moving average (60,511).

In an alternative scenario, if the price drops below 59,540, expect levels around 58,630 and 58,090 to be tested.

Bitcoin may rise between 1,105 and 1,645 USD.

Key levels to watch:

• Resistance: 62,440

• Resistance: 61,900

• Resistance: 61,360

• Last price: 60,255

• Pivot: 59,540

• Support: 59,540

• Support: 58,630

• Support: 58,090

Remarks: I remain neutral at this time. Avoid trading, but if necessary, consider opening positions in the spot market while steering clear of futures trading.

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