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Price: 64,404 USDT
BTC has recovered strongly from the 57,800 support zone.
There have been five consecutive bullish daily candles, showing buyers are in control.
The latest candle is still green but has a noticeable lower wick, indicating some profit-taking and volatility.
Key Levels
Immediate Resistance: 64,900–65,000 USDT
Major Resistance: 67,300 USDT (previous swing high)
Support: 62,500 USDT
Strong Support: 60,200–57,800 USDT
Possible Scenarios
Bullish (Higher Probability if momentum continues):
A daily close above 65,000 could send BTC toward 66,500–67,300.
Bearish:
If BTC fails to hold above 64,000, it could retrace to 62,500 before attempting another move higher.
Trading Outlook
Trend: Bullish
Momentum: Strong, but slightly overextended after several green candles.
Risk: A short-term pullback of 2–5% is possible before another rally.
My View
I would avoid opening a new long position after five strong green candles unless:
BTC breaks and closes above 65,000 with strong volume, or
It pulls back toward 62,500–63,000 and shows bullish confirmation.
If you're looking for 100x gem opportunities, I'd wait for BTC to stabilize first, because most altcoins tend to follow Bitcoin's direction
#GTBurns2.57MInQ2 #StrategySells3588BTC #SKHynixADROversubscribed $BTC $ETH