đ BTC/USDT Analysis: Bulls in Control? đ
Bitcoin is currently trading at $64,636, up +2.83% in the last 24 hours, signaling strong upward momentum! đ With a 24h high of $64,860 and low of $62,050, BTC is showing solid bullish potential. The price is comfortably above the MA60 ($64,232), suggesting the trend could remain positive as long as this level holds as support.
However, the $64,860 resistance level is key. A breakout above could lead to an exciting rally, making it a prime buying opportunity! đ„ On the flip side, if BTC struggles to break through and dips below the MA60, it might be time to reassess or even short the market.
đŻ Entry strategy: Consider entering near support (around $64,232) and look for confirmation if it breaks resistance at $64,860. Keep an eye on volume and volatilityâthis could be a major turning point! đ