$BTC/USDT Update: Bullish Momentum

_Current Price:_ $62,220 (+2.56%)

_24h High:_ $62,304

_24h Low:_ $58,946

_Resistance:_ $62,471.90

_Support:_ $61,240.63

_Key Insights:_

1. Strong recovery from $59k

2. Bullish momentum

3. Potential breakout above $62,471.90

4. Key support at $61,240.63

_Trading Strategies:_

1. Long positions above $61,240.63

2. Target $65,000-$70,000 (potential upside)

3. Stop-loss below $61,240.63

4. Monitor volume and market sentiment

_Next Steps:_

1. Watch for breakout above $62,471.90

2. Adjust strategies based on market fluctuations

3. Stay informed about market updates

Indicators:

1. RSI: 64.45 (neutral-bullish)

2. MACD: 12-period EMA crossover (bullish)

3. Moving Averages: 50-MA above 200-MA (golden cross)

Are you:

1. Buying $BTC on this upward trend?

2. Waiting for a breakout above $62,471.90?

3. Cautious, considering potential pullbacks?

Please respond with the number of your chosen action.

$BTC $BTC #moonbix #10MTradersLeague #USPPIAboveExpectations #FanTokensRising #BTC60KResistance