🛑🛑🛑 Urgent BTC Update 🛑🛑🛑
1️⃣ BTC Surge After Positive Close:
- BTC saw a sudden rise after falling last night, reaching the 68,800 area.
- Currently, it's between this resistance and the 68,400 support area.
- The 4H RSI indicator is rising, which is negative for altcoins, hitting 59.67.
- Key targets: break through 62.70 for the next rise, and strong resistance at 69,050. The ultimate goal is to break 69,500.
2️⃣ TOTAL Liquidity:
- Liquidity is good at 2.487, but a rise isn't guaranteed.
- We need to breach 2.507 to ensure a rise.
- Beware of the fluctuation at 2.454 and support at 2.437. Closing above 2.479 is positive.
3️⃣ USDT Dominance:
- Currently negative at 4.51, with a potential rebound or break.
- If broken, the closest support is 4.42, and the strongest is 4.33.
- A rise in currencies from the 4.50 area is likely.
4️⃣ BTC Long-Term Outlook:
- BTC is bullish long-term, and we might see it reach 65,000, potentially hitting 60,000.
- Alternatively, it could rise to 63,000 or experience a violent market decline.$BTC
