🚀 BITCOIN PUMPING ABOVE $63,000!!! IS IT TRAPPING EVERYONE? ⚠️
I CANT SELL $BTC BUT I CONTINUE TO BUY
$BTC has recently surged past the $63,000 mark, trading around $63,250 as of now. This bullish movement comes after a stabilization above the $60,000 support zone, where Bitcoin broke through significant resistance levels at $61,200 and $62,000

Currently, there is a strong upward momentum, with Bitcoin aiming for further resistance at around $64,000. Analysts suggest that if Bitcoin can close above this level, it could pave the way for potential gains towards $65,500 and beyond​. However, there are concerns that the price may struggle to maintain its current momentum, as immediate support is noted at the $63,500 level, and a failure to hold this could lead to a drop towards $62,500​

This price action reflects a broader optimism in the market, driven by expectations around potential Federal Reserve rate cuts and a weakening US dollar​

With market optimism surrounding possible Fed rate cuts and a weakening dollar, what do you think—will Bitcoin continue its ascent, or is it due for a correction?

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