$NVDAB BTC/USDT Market Update | Bitcoin*
*Coin*: BTC $BTC | Bitcoin
*Current Price*: $61,429.16 (+1.83% 24h) |
*Trend*: Bullish / Holding Above Rising MA25 + MA99
*Key Levels*
*Support*: $59,588.00 - 24h low + $59,912.16 - MA99
*Resistance*: $61,429.16 + $62,200.00 - 24h high
*Trader Insight*:
BTC at $61,429.16, +1.83% after a strong bounce from $57,800 into new 24h highs near $62,200. 21,615 BTC traded = 1.32B USDT volume = heavy spot flow. Price sits above MA25 $61,133.42 and well above MA99 $59,912.16, but just under MA7 $61,534.51 = short-term consolidation above trend. MACD -77.43 with DIF < DEA = momentum cooling after the spike.
Flip $62,200 and we target $62,420+. Lose MA25 $61,133 and MA99 $59,912 becomes the next support zone. Chart shows higher lows with rising MAs = bull structure intact, but watch for pullback if $61,534 fails.
Not financial advice. BTC = market leader. Trade the MAs, manage leverage.
#BTC #Bitcoin #cryptotrading #bullmarket
*Coin*: BTC $BTC | Bitcoin
*Current Price*: $61,429.16 (+1.83% 24h) |
*Trend*: Bullish / Holding Above Rising MA25 + MA99
*Key Levels*
*Support*: $59,588.00 - 24h low + $59,912.16 - MA99
*Resistance*: $61,429.16 + $62,200.00 - 24h high
*Trader Insight*:
BTC at $61,429.16, +1.83% after a strong bounce from $57,800 into new 24h highs near $62,200. 21,615 BTC traded = 1.32B USDT volume = heavy spot flow. Price sits above MA25 $61,133.42 and well above MA99 $59,912.16, but just under MA7 $61,534.51 = short-term consolidation above trend. MACD -77.43 with DIF < DEA = momentum cooling after the spike.
Flip $62,200 and we target $62,420+. Lose MA25 $61,133 and MA99 $59,912 becomes the next support zone. Chart shows higher lows with rising MAs = bull structure intact, but watch for pullback if $61,534 fails.
Not financial advice. BTC = market leader. Trade the MAs, manage leverage.
#BTC #Bitcoin #cryptotrading #bullmarket