Bitcoin has once again proven its dominance in the market.
After a short period of consolidation,
$BTC has bounced strongly above the $62,000 support zone, showing signs that buyers are regaining control.
In the last 24 hours, Bitcoin’s price action has started to heat up again — volume is rising, sentiment is improving, and traders are preparing for the next possible leg upward.
Key Levels to Watch
Support Zone: $61,800 – $62,300
Resistance Zone: $63,800 – $65,000
Breakout Confirmation: A strong 4H close above $65,000 could open doors toward $68,500 and possibly $70,000.
Market Sentiment
Whales have been quietly accumulating during recent dips, while retail traders were showing hesitation.
This pattern has repeated multiple times before major upward moves — and it seems to be happening again.
Analysts suggest that as long as
$BTC stays above the $62,000 level, momentum remains bullish.
However, traders should keep a close eye on volume — a strong breakout candle could signal the beginning of a new wave of upside volatility.
Technical Outlook
The 50-day moving average is now curving upward, RSI has crossed the midline, and MACD shows a bullish crossover on the 4-hour timeframe.
These signals, combined with improving sentiment, indicate that the bulls might be ready to take charge again.
Trading Plan
Entry Zone: $61,800 – $62,300
Targets: $64,500 / $66,800 / $68,500
Stop-Loss: Below $61,500
Traders should manage risk carefully — volatility may increase as Bitcoin approaches the resistance zone.
Final Thoughts
The market is slowly waking up, and Bitcoin seems to be leading the charge once again.
If $65,000 breaks with conviction, we could be entering the next bullish wave.
The question is — are you positioned before the breakout or waiting for confirmation?
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