Bitcoin (BTCUSD) Price Analysis : Key Levels to Watch
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Bitcoin is currently trading at **$61,729**, up by **1.52%**. The **$60,000 - $61,000** zone has acted as a strong support level, where Bitcoin recently found buyers. On the upside, Bitcoin faces resistance at **$63,000** and **$66,000**.
The price action suggests a possible "bullish move". If the current support holds, Bitcoin could test the **$63,000** resistance and later aim for **$66,000**.
Conclusion :
Bitcoin's movement from the current support zone could lead to another upward surge, testing key resistance levels.
Advice for Investors/Traders :
Watch for a bounce from the **$60,000 - $61,000** support area. Consider entering a **buy position** targeting **$63,000** first and **$66,000** if momentum continues.