Michael Saylor Makes Bitcoin Statement As BTC Reclaims $62,000 Briefly
Current Outlook:
The price will consolidate between 59950 and 62400 till breaking
Bullish Scenario:
If Bitcoin remains above $62400, it could trend towards $64900. Stability above $64900 confirms a bullish trend, targeting $70000.
Bearish Scenario:
Stabilizing below $59940 targets $56888. A 4-hour candle close below this level confirms a downtrend till 52800.
Key Levels:
- Pivot Line: $59950
- Resistance: $62410, $64900, $70000
- Support: $56888, $52800, $49460
Expected Range:
Bitcoin is expected to move between $64910 and $56880
Current Outlook:
The price will consolidate between 59950 and 62400 till breaking
Bullish Scenario:
If Bitcoin remains above $62400, it could trend towards $64900. Stability above $64900 confirms a bullish trend, targeting $70000.
Bearish Scenario:
Stabilizing below $59940 targets $56888. A 4-hour candle close below this level confirms a downtrend till 52800.
Key Levels:
- Pivot Line: $59950
- Resistance: $62410, $64900, $70000
- Support: $56888, $52800, $49460
Expected Range:
Bitcoin is expected to move between $64910 and $56880
Technical analyst focused on gold, indices, and forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
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.
Technical analyst focused on gold, indices, and forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
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.