*"Bitcoin at a Crossroads! Are You Ready for the Price Explosion?"*
The current technical analysis shows that Bitcoin (BTC) is consolidating near a strong support area at $61,000, with a symmetrical triangle forming that suggests a potential imminent breakout.
Plan:
Immediate Support: $60,500
Major Resistance: $64,200
Potential Entry: After confirming a breakout above $64,500
Stop Loss: $59,800
First Target: $68,000
The technical indicators (RSI and MACD) are leaning in favor of buyers, enhancing the chances of a short-term upward movement.
Monitor the upcoming movement closely, as the market warns of a strong move!
