Bitcoin ($BTC) / USDT Market Insights
Bitcoin ($BTC) has been on a steady climb for the past few hours, indicating a promising upward trend. Here’s what you need to know to navigate this potential breakout:
Current Price: $60,835.02
Resistance Level: $60,909.00
Support Level: $60,320.25
Bullish Scenario: If Bitcoin surpasses $60,909.00, watch for potential gains with targets at $61,001.97 and $61,200.00. Place a stop loss at $60,320.25 to manage risk.
Bearish Scenario: If Bitcoin falls below $60,320.25, consider shorting with targets at $59,638.54 and $59,049.79. A stop loss should be set at $60,909.00.
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