$BTC Breakout Alert – Key Levels in Focus!
The 4-hour chart for $BTC shows Bitcoin breaking out of a descending channel, signaling a shift in momentum. The current price stands at $64,679.99, suggesting the potential for a continuation of bullish momentum if the breakout holds.
💡 Key Levels to Watch:
Resistance Zone: $66,000 – $68,000
Current Price: $64,679.99
Support Levels: $62,000, $60,000
📉 Bearish Scenario:
A failure to sustain above the breakout line might lead BTC back into the descending channel. A dip below $62,000 could signal renewed selling pressure, with the next support at $60,000.
🚀 Bullish Scenario:
If Bitcoin holds above $64,680 and gains momentum, the next resistance lies around $66,000. A further breakout beyond $68,000 could trigger a strong rally, possibly testing new highs.
⚡ Trade with Caution: With volatility building after the breakout, traders should look for confirmation before entering. Bitcoin’s next move could be decisive for short-term direction.
