đLONG: $BTC (4H)
Analysis:
Bitcoin is showing resilience above 50K, maintaining strength and defying expectations. A six-month consolidation period has built significant potential, squeezing out sellers and setting up for a positive growth trajectory.
Price Targets:
Expect initial resistance around 59,600 and 62,745.14. If bullish momentum continues, look for key levels at 64,955. On the downside, watch for support at 56,078.54 and 57,736.05 to affirm uptrend.