Bitcoinโs trend remains bullish after the 2024 ETF approval, but some cracks are forming.
The $60Kโ$61K zone is acting as strong support ๐ก๏ธ, while sellers keep defending the $72K resistance ๐งฑ. BTC is still above the 200-day moving average, showing strength ๐.
So far, the structure is solid: higher lows and solid volume. But if we donโt break to new highs soon, it could weaken momentum.
Iโm watching the RSI and 200DMA closely ๐. If either fails, a correction could hit. Until then, bulls are in control.
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