$BTC /USDT Technical Analysis & Market Update

Current Price: $64,212.87 (+5.06%)

Bitcoin is continuing its bullish trend, currently trading at $64,212.87, with a 5.06% increase. The upward movement is supported by all key moving averages.

Resistance: The immediate resistance level is at $64,955. Breaking above this level could signal further gains towards $65,500.

Support: Immediate support is observed at $64,172. A dip below this level might trigger a short-term correction down to $63,000.

Long Trade: Consider entering above $64,955 with targets at $65,500 and $66,000.

Short Trade: Consider entering below $64,172 with targets at $63,500 and $63,000.

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