📊 #BTC/USDT 1H Analysis
Bitcoin is consolidating around $60.6K after rebounding from lower levels. The price is holding above the MA25, suggesting buyers are still defending the short-term trend.
However, BTC remains below the MA99, so bulls need a decisive breakout above $60.8K–$61K to strengthen bullish momentum.
If BTC loses support around $60.3K, sellers could retest the $60K and $59.6K area. As always, wait for confirmation and manage risk.
A breakout above $60,940 could open the door for further upside, while a drop below $60,300 would weaken the short-term bullish outlook and increase the chance of a retest of the $60,000–59,600 area.
Bitcoin is consolidating around $60.6K after rebounding from lower levels. The price is holding above the MA25, suggesting buyers are still defending the short-term trend.
However, BTC remains below the MA99, so bulls need a decisive breakout above $60.8K–$61K to strengthen bullish momentum.
If BTC loses support around $60.3K, sellers could retest the $60K and $59.6K area. As always, wait for confirmation and manage risk.
A breakout above $60,940 could open the door for further upside, while a drop below $60,300 would weaken the short-term bullish outlook and increase the chance of a retest of the $60,000–59,600 area.