🚨 $BTC trading Analysis 🚨

The current price of $BTC stands at $63,528.01,reflecting a 1.72% increase over the last period. Market volatility is evident, with a 24-hour high of $64,993.95 and a low of $62,290.00.

🟢Moving Averages

🔺MA(7): $63,531.61 (Bullish)

🔺MA(25): $60,507.78 (Bullish)

🔺MA(99): $59,185.46 (Bullish)

🚨Trading Strategies

🟢Long Trades

Entry Point:

Consider around the current MA(7) level of $63,531.61

🔴Short Trades

Entry Point: Around the support level of $62,290.00

Key Levels to Watch

Resistance: $64,993.95

Support: $62,290.00

🚨 Strategy Considerations 🚨

Traders should monitor the resistance at $64,993.95 for potential breakout opportunities. Given the volatility, employing tight stop-loss strategies is advisable to manage risks effectively in the current market conditions

#ETH_ETF_Approval_23July #VanEck_SOL_ETFS #ETH_ETFs_Approval_Predictions