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Btc update : The price is at $59,935.02, which is slightly below the recent resistance level of $60,239.91. Moving averages: The short-term EMA(7) is still below the EMA(25) and EMA(99), indicating that the overall trend is still bearish, but the recent green candlestick suggests a potential shift. If the price breaks above $60,239.91 and closes above this level with continued strong volume, it could signal the start of a bullish momentum and If the price fails to break above $60,239.91 and instead reverses, it may indicate that the recent upward move was just a temporary relief rally. In this case, the price could retest lower levels, such as $58,034.01.