📊 Bitcoin Price Analysis on Binance: Bulls Eye $60K Breakout

#Bitcoin ($BTC) is holding strong above key support at $57,000 on Binance, signaling growing buyer interest. After a minor dip, BTC bounced back and is now testing the $59.5K–$60K resistance zone — a breakout here could open the door to $64K.

🔎 Key Levels:

Support: $56,500 – $57,200

Resistance: $60,000 – $61,000

Volume: Steady with bullish bias

🧠 On-Chain Insight:

Glassnode data shows exchange balances continue to decline, suggesting strong accumulation. Meanwhile, Binance order books reveal thick buy walls near $57K.

> “BTC on Binance is forming a classic ascending triangle — a breakout could send us flying.” — Analyst

🚨 Watch For:

Break above $60K with strong volume = bullish confirmation

Drop below $56.5K = short-term bearish shift

$BTC