#Bitcoin Daily Update: 🪙

$BTC hit resistance at the expected uptrend line. It's still bullish on the weekly chart but neutral daily.

Consolidation is ongoing with a possible upward move ahead 📈. As long as Bitcoin stays above $63,000, it should keep consolidating in the upper part of the channel.

If the H4 uptrend breaks and the daily close drops below $65,000, expect a retest of support around $63,000 ⚠️. This consolidation might last several days, so the outlook remains neutral for now.

Key Resistance Levels:

$68,250 & $70,000

Key Support Zones [Local]:

$65,000 and $64,900

Tips:

- Watch for movements in #altcoins while #BTC consolidates 📈.

- We're at the upper part of the channel facing strong resistance 🚨.

- Swing trading #Bitcoin could be tricky; focus on #altcoins with breakout potential.