$BTC

Bitcoin ($BTC) is trading in a narrow accumulation zone around the 63,000–65,000 USD level. This price range coincides with the MA50 and MA200 lines on the 4-hour timeframe, indicating that the market is waiting for a decisive signal from both buyers and sellers.

The current ADX is at a low level, signaling a weak trend and the potential for a strong breakout. The Bollinger Bands are also narrowing, a common characteristic before significant fluctuations. Meanwhile, the MACD indicator has given a positive crossover signal, further reinforcing bullish expectations if trading volume continues to increase.

The current strategy is to wait for a breakout above the 65,000 level with a strong closing candle, targeting near 68,000 and further out at 70,000 USD. However, if BTC breaks below the 63,000 support with high volume, the possibility of a deep correction towards 60,000 should also be noted.