#BitcoinETFs Currently, Bitcoin is trading at $61,800 and attempting to surpass its immediate resistance level. The next significant trend line resistance lies at $62,300. Previous analyses have indicated a bearish trend overall, suggesting that this upward movement may be temporary within the larger downtrend. Breaking the trend line resistance will be challenging, potentially leading to opportunities to open short positions. Bitcoin's direction remains uncertain, with potential for further downward movement. #BTC #ABC $ETH $BTC #BitcoinETFs