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#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
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