Hey Binancians, feeling good now? While almost everyone on Binance square was calling for $BTC to hit $54K, we stayed calm and spotted the exact point where it would turn around. We even shared it with you as soon as we saw it. Cheers to everyone who’s riding this wave!
So, what’s next?
$BTC is now heading towards a major resistance zone between $62K and $63K. This area is crucial because it includes daily EMA 30, EMA 50, EMA 100, and the Daily Supertrend resistance. For a bullish outlook, we need $BTC to close above $63,250 on the daily chart and see a bullish crossover on the daily MACD. If $BTC manages to close above $63,250, and the MACD crossover happens (which it’s close to doing), it could push the price up to $69K.
We’re keeping a close eye on this range and will post updates as things develop. Also, check out the attached post where we first spotted and shared the reversal point with you all on time.
