#BTCRebound
Bitcoin (BTC) is currently trading at $64,303 with a 2.34% increase. It's showing strong momentum above key levels. Here are some key targets to watch
- *Immediate Resistance*: $64,500 - breaking this level could push prices further into bullish territory.
- *Support Levels*:
- $62,478 (SAR Indicator): crucial price point to monitor for potential rebounds.
- $62,050 (24h Low): a break below this could signal a bearish trend.
- *Future Targets*:
- $63,800
- $64,400
Some analysts predict BTC could reach $108,305 if the current momentum continues. However, traders should maintain caution and use proper risk management strategies.
A drop below $72,305 may signal a trend reversal. Keep an eye on open interest and funding rates for potential breakouts.