After a swift rebound from $60K, $BTC
has regained its momentum, hitting $61,500 in a flash—a $1,400 surge that showcases the market's enthusiasm!
The $BTC/USDT pair has made a remarkable recovery, rallying from a low of $60,164 to a current price of $61,212.12. This 2.24% decrease over the last 24 hours is no deterrent, as the surge from $60,500 signals robust buying interest, aiming for today’s peak of $63,084.
For those eyeing a short position, keep an eye on the current resistance levels. A smart strategy could be setting a short entry around $61,200, with a tight stop-loss above $61,300, while targeting a retest of lower supports. Remember, with BTC's inherent volatility and recent bullish strength, risk management remains key.
