#BITCOIN Breakout + #Cryptos to Bought
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Market activity has been calm without significant economic developments. Bitcoin has shown bullish momentum, surpassing a short-term downtrend and a notable level between $61,800 and $62,300.
đȘ· Bitcoin Analysis:
- Bitcoin must overcome a resistance barrier at $63,500.
- A breakthrough beyond $63,500 might trigger a surge in alternative cryptocurrencies.
- Observing for momentum to strengthen and potentially carry Bitcoin to $64,500, $65,000, and possibly $66,000.
đȘ· If Bitcoin breaks above $63,500, it could be a good time to trade altcoins.
đȘ· Cryptos to Trade Long with 2X to 5X Leverage with the current Price.
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