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$BTC
#breaks
this resistance on the upside, our first
#Target:-
is next. 🚀
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#Marketupdate As noted over the weekend, the $62,000 level (previous Monday's low) was a solid area to anticipate a bounce. We successfully capitalized on this entry, achieving a notable 5% move. Additionally, we have just closed a 4-hour candle above $64,400 (previous week’s high). If this level holds as short-term support, we could see a swift rally towards $66,400 (previous month's high). Overall, we’re on a strong upward trajectory, and I’m content to monitor how the Monday range unfolds before making further decisions.
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💯🚀
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$BTC long now ✔️ SL 61400
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#Marketupdate Bearish price action continued for Bitcoin yesterday, dipping briefly below $60k. The Daily EMA200, represented by the yellow line on the chart, is critical, currently at $60k. An intra-day dip below this level isn't alarming, but a daily close under it could signal further retracement. Ideally, I want to see $60.6k (DM VAL) hold as support, which could pave the way for a push toward $62k. So far, we’ve been capitalizing on moves in both directions, and I'm actively seeking more trading opportunities.
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#Market_Update $BTC remains trapped in a narrow range, with the $62,000 level serving as strong 4-hour support. This support has held firm across recent candles. Meanwhile, resistance is positioned at $62,800.We are prepared for a breakout in either direction, which may materialize later today with the release of FOMC minutes. In the meantime, patience is essential as we await clearer market signals.
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