🚨 Bitcoin’s Fighting Back: $61K in Sight? 📈


After weeks of brutal pressure, $BTC is showing real signs of life — currently trading at $60,916 (+2.99%) on Gate.io.

Key Observations from the Charts:

Short-term (4H): Strong rebound from the $57,813 low. Price has broken above several moving averages and is testing resistance near $61K.

Daily View: Still in a broader downtrend from the $78K highs, but today’s momentum is building with green candles and improving MACD signals.
24h Stats: High $61,324 | Low $58,327 | Volume holding steady.

Bitcoin has been consolidating in this $57K–$62K range for weeks. Today’s move feels different — higher lows forming and buyers stepping in aggressively.

The Big Question:
Is this the start of a proper relief rally toward $65K–$68K, or just another bear market bounce before we retest lower supports?

The next few days will be critical. Break and hold above $62K with conviction, and the sentiment could flip fast.

What are your targets for this move? Bullish or cautious? Drop your analysis below 👇

#Bitcoin #BTC #BTCUSDT
#TechnicalAnalysis
#StrategyBuyback
BTC3.96%
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CryptoSquard
· 6h ago
Do your own research before treading!
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