BTC Trend Analysis
BTC is showing strong bullish momentum on the hourly chart, with a significant breakout above the $60,000 level. This surge comes after a period of consolidation, indicating potential continuation towards higher resistance levels around $62,000. Key support now lies at $59,000, where buyers may step in if a pullback occurs. Watch for sustained volume to confirm this uptrend.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.