🚨 BTC/USD Alert 🚨
Current Price: $62,136.1
Key Observations:
BTC has encountered resistance around the $62,400 level, showing a consolidation pattern below this key threshold.
The price is currently testing the middle support band (MSB) marked at $62,136.1, suggesting a potential pivot point for the next move.
The RSI stands at 53.63, indicating a neutral momentum with potential for either direction.
Trading Strategy:
Long Trade: Consider buying if the price breaks and holds above the $62,400 resistance, with targets at $62,500 and then the high at $62,641.0. Set a stop loss just below the MSB at around $62,100.
Short Trade: If BTC breaks below the current MSB at $62,136.1, target a sell-down to the next support level at $61,800, with a stop loss just above $62,200.
#WeAreAllSatoshi #U.S.UnemploymentNewLow #SECAppealRipple #BTCUptober