📈LONG: $BTC

#BTCUSD | #BTC | #Bitcoin

Current Price $69388.00

Market Cap $1335.66B

Change 1h -0.21% | 24h +1.47%

4-Hourly Indicators:

• RSI: 41 - Neutral 🟠

• MACD: -620 - Bearish 🔴

• EMA: 68613 - Below 🔴

BTCUSD is showing signs of a potential bounce from the support level of $66,000, driven by weakness in the DXY. The short-term bullish outlook suggests that BTC could regain its previous highs. Key levels to watch include $67,479 (23.6% Fib) and $68,346 (38.2% Fib).

If the momentum continues, we might see BTCUSD challenging the resistance level at $71,751 and possibly reaching the previous high at $71,918. Keep an eye on these price targets as the market sentiment remains positive for the short term.

$BTC $ETH #BTCFOMCWatch #CPIAlert #TopCoinsJune2024 #ETHETFsApproved