Moving Averages:
$BTC has successfully reclaimed its 20-day and 50-day Exponential Moving Averages (EMAs). It is currently pressing toward its 100-day and 200-week moving averages near $62,652.Support and Resistance: The critical support zone holds tight at $60,400 to $60,700. If the upward momentum breaks, bulls must defend the $58,000 yearly low. Immediate heavy resistance is building near $63,800 to $64,000.
#BinanceSquareTalks
$BTC has successfully reclaimed its 20-day and 50-day Exponential Moving Averages (EMAs). It is currently pressing toward its 100-day and 200-week moving averages near $62,652.Support and Resistance: The critical support zone holds tight at $60,400 to $60,700. If the upward momentum breaks, bulls must defend the $58,000 yearly low. Immediate heavy resistance is building near $63,800 to $64,000.
#BinanceSquareTalks