đšBitcoin $BTC is riding a bullish wave! With today's price hitting $64,819.99, it's showing a promising increase of +0.17% over the last 4 hours. Looking closely, BTC reached a 24-hour high of $65,839 and dipped to a low of $62,670, signaling volatility that traders can harness.
What's Next for Bitcoin? Given the recent uptrend and its breach past the $64,000 mark, hereâs how you might want to play it:
Long Trade: Consider entering above the current resistance of $65,000, targeting $66,500 and possibly extending to $67,000. Set your stop loss just below $64,000 to safeguard your investment.
Short Trade: If you anticipate a pullback, consider entering below $63,000. Aim for targets around $62,000 and tighten stops near $64,000 to minimize risks.
Trade Wisely! Keep an eye on volume changes and price protection alerts, as they can significantly impact your trading decisions. Whether you're aiming for quick gains or strategizing for long-term holds, remember, the crypto market is highly volatileâstay alert and trade smart!
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