1. *Support Levels*:
- *$60,000 - $61,000*: This is the immediate support zone. If BTC stays above this range, it could maintain its bullish momentum.
- *$58,000*: A strong support level where buyers have previously stepped in.
2. *Resistance Levels*:
- *$63,000 - $64,000*: This is a key resistance range. If BTC breaks above this, it could push towards new highs.
- *$65,000* : The next significant resistance level, which, if broken, might lead to further upside.
Given that BTC is around $61,000, it's crucial to watch how it interacts with the $60,000 support and the $64,000 resistance in the coming week. If it holds above $60,000 and breaks through $64,000, we might see a push towards $65,000 or higher. On the other hand, losing the $60,000 support could lead to a retracement towards $58,000.This analysis can help guide your trading or investment decisions for the upcoming week.
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