#Bitcoin❗ #Altcoins👀🚀 #BinanceSquareFamily #BinanceEverywhere
Bitcoin is holding steady around $63,150 but struggled to break through the key $64,500 resistance level. Currently, BTC is trading within a local volume zone without a significant bounce, signaling indecision in the market. If the bullish scenario plays out, we could see a rally either from the current price level or after retesting key support areas between $63,300-$62,800. However, if Bitcoin fails to react positively, it may enter a prolonged correction phase.
Buy Zones :
- $63,300-$62,800 (volume hold)
- $61,000-$60,000 (volume anomalies)
- $57,000-$56,400 (volume zone)
The next key sell zone lies between $66,100-$68,200, where traders might look to take profits if Bitcoin rallies from these support zones.
Altcoin Focus :
Several altcoins are showing promise. In particular, SUI is expected to continue its upward movement, with a potential entry point between $1.6-$1.54. Traders should watch for a bounce in this area as SUI looks primed for further gains.
Additional Altcoin Consideration :
Keep an eye on other top-performing altcoins like Ethereum, Solana, and Cardano, which could see short-term gains following Bitcoin's next move.
Advice for Investors :
Bitcoin is at a critical juncture, and investors should be cautious about buying in at higher levels until a confirmed breakout occurs. It's a good time to consider altcoin opportunities like SUI, but always ensure solid risk management.
Conclusion :
Bitcoin remains in a tight zone, and its reaction to the upcoming support levels will be crucial in determining whether we see a continued bullish run or a deeper correction. Meanwhile, altcoins like SUI offer potential upside for traders looking for gains in the broader crypto market.
