Bitcoin has bounced back, moving past important support levels and the 200-day Exponential Moving Average (EMA). Analysts predict a small drop in the short term, which could be a good time to buy before Bitcoin resumes its upward climb. Many believe Bitcoin will soon reach or even exceed its highest price ever, signaling a positive trend in the cryptocurrency market.
BTCUSDT (1D Chart) Technical analysis
BTCUSDT (1D Chart) Currently trading at $62800
Buy level: Above $60700
Stop loss: Below $55500
TP1: $63800
TP2: $65000
TP3: $68000
TP4: $70000
Max Leverage 3x
Always keep Stop loss
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