📈 Weekly Bitcoin Analysis (BTC/USD)

Current Market Price (CMP): $62,600

🏆 Market Overview:

Bitcoin saw a strong upward move last week, reaching a high of $64,000. The bullish trend is expected to continue, with key resistance at $65,000. A breakout above this level could push BTC toward $70,000.

📊 Key Levels:

Support Zones: $61,800-$62,000, $60,000

Resistance Zones: $64,000, $65,000 (key level), $68,000-$70,000

📈 Market Sentiment:

The bullish momentum is intact. A break above $65,000 could trigger further buying, pushing BTC towards $70,000. Investors remain optimistic about the trend continuing.

💡 Strategic Considerations:

Resistance Breakout: A move above $65,000 could lead to a rally toward $68,000-$70,000.

Pullback Opportunities: The $61,800-$62,000 support zone offers a good accumulation area if any dips occur.

⚠️ Caution : Watch for potential consolidation below $65,000 before a breakout. Monitor these key levels for trade opportunities.

📌 Strategy : Look to buy on a breakout above $65,000, targeting $70,000. Alternatively, accumulate near the $61,800-$62,000 support zone on any pullbacks.

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