BTC Eyes Key Resistance as Momentum Signals Shift on 1-Hour Chart

🔍 Key Insights:

- Current Price Action: $BTC is in a consolidation phase, with resistance at $67,375.99 and support levels at $66,972.53. A decisive break could signal a breakout!

- EMA Analysis: The 9 EMA is currently below the 20 EMA, indicating slight bearish pressure. Watch for a potential bullish reversal!

- MACD Momentum: The MACD shows signs of recovering from bearish momentum, hinting at possible short-term gains.

- RSI Status: Hovering in the mid-40s, the RSI suggests a neutral stance—caution is key!

💡 Trade Strategies:

- Long Entry: Look for a break above $67,375.99 with bullish EMA crossover for potential gains.

- Short Entry: If #BTC☀️ dips below $66,972.53, consider shorting towards support levels.

#Bitcoin
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