đ $BTC /USDT Analysis đ
Bitcoin is showing strong bullish momentum, currently trading at $61,487, up 1.05% over the past 24 hours! đ With BTC breaking above key moving averages (MA7, MA25, and MA99), the uptrend is clear and the bulls are in control.
We're seeing support around $60,588, where buyers stepped in, and resistance near the $61,750 mark, a key level to watch. If BTC breaks above this resistance, it could trigger a fresh rally and push prices to new highs.
For traders, a potential entry strategy could involve waiting for a confirmed breakout above $61,750 with volume, targeting the next resistance level. Or, consider entering near the $60,588 support if BTC retests this level, aiming to ride the upward wave.
⥠Stay alert, as a decisive breakout could pave the way for even bigger gains!
#USRateCutExpected #moonbix #Write2Earn! PeterToddHBOSatoshi Nakamoto?
