đ BTC/USDT Analysis đ
BTC is trading at $62,670 with a slight dip of 0.36%, but the overall trend shows bullish potential! The price is above the 60-period moving average of $62,612, signaling strong buyer interest. Key resistance sits at $63,480, and a breakout above this level could trigger a sharp rally. On the downside, support is around $62,520, forming a tight range that could offer great entry points for swing traders.
đĄ Entry Strategy: A pullback to the support zone near $62,520 could be an ideal entry for those looking to ride the next upward wave. If BTC breaks the resistance at $63,480 with strong volume, aggressive buyers might find an opportunity to go long for a potential move higher.
Stay sharp and watch those key levels as BTC shows signs of building momentum!
