Btc next move up or dump read this;

According to Technical Analyse;

With Bitcoin's $BTC current price at $63,580, here's an updated analysis:

Technical Analysis:

- RSI: 64.2 (bullish)

- MACD: Bullish crossover

- Moving Averages:

- 50-day MA: $59,441

- 200-day MA: $53,895

Support and Resistance:

- Key support: $62,000, $60,000

- Resistance: $65,000, $67,000

4-Hour Prediction: $DODO

- 60% chance of upward move to $65,000

- 40% chance of downward move to $62,000

Indicators' Signals:

- Bullish signals: 75%

- Bearish signals: 25%

Market Sentiment:

- Bullish sentiment dominates

- Whale activity: Moderate buying

News and Events:

- Check CoinMarketCal or CryptoSlate for updates

Recommendation:

- Buy at $62,000 or sell at $65,000

- Set stop-loss at $60,000

Key Levels to Watch:

- Break above $65,000 confirms strong uptrend

- Break below $60,000 confirms downtrend

On-Chain Metrics:

- Hash rate: Increasing

- Difficulty: Increasing

- Exchange inflows: Decreasing

Long-Term Prospects:

- BTC's bullish trend intact

- Potential target: $80,000 - $100,000

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