$BTC
Buyers successfully overturned sellers at the $61,500 support level.
The price has finally managed to rise above the bearish institutional bias (EMA 9/EMA 18):
Bitcoin's price has returned to the resistance level around $67,000 - March 21, 2024.
Bitcoin price against the dollar (4H)
The price has returned to the $67,000 resistance level. If this level breaks, the price could rise to $69,500.
However, if sellers defend the resistance, a drop to $64,500 is possible. Regardless, a trend with rising lows and highs in the 4-hour timeframe needs to be established.
The RSI is currently at the bearish trendline, and a rejection could occur. Similarly, a bullish momentum needs to be regained.