$BTC Today Prediction

Bitcoin ($BTC) is showing cautious bullish momentum as it hovers around key resistance at $63,000. If buying pressure continues and BTC breaks above $63,500, it could target $65,000 in the short term. However, failure to hold above $62,000 might lead to a retest of the $60,500 support zone. Market sentiment remains mixed, influenced by macroeconomic data and anticipation of the upcoming U.S. Federal Reserve commentary. On-chain metrics suggest accumulation by long-term holders, while trading volumes remain moderate. Watch for potential volatility during U.S. market hours. For intraday traders, key levels to monitor are $61,800 (support) and $64,200 (resistance). Stay cautious and manage risk, as sentiment can shift quickly in the current market environment.