#BitcoinUpdate:

$BTC has surged past previous resistance but is facing a critical level at $61.8k, where significant daily resistance and other indicators align. A daily close above this level could push the price towards $64k quickly. Keep an eye on a potential retest of $59.6k, which coincides with the Daily #EMA200 and may act as a strong support level.

#ThankYou

#BitcoinUpdate:

remains below its $61.7k #resistance with immediate support at $60.2k on the 4-hour chart. The market is indecisive, but this could shift today with #JeromePowell upcoming speech on the economic outlook.There's a significant liquidation level forming at $62k, which might be tested. If $BTC breaks through $61.7k and holds, it could quickly move towards $64k. Conversely, if support at $60.2k fails, the next critical level to watch is $59.6k.

#PowellSpeaks #MarketConditions