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$BTC BTC Technical Breakdown: Is a Major Move Brewing? Bitcoin ($BTC) is consolidating after recent volatility, and the chart is flashing key signals every trader should watch: Support & Resistance Zones: Support: $61,200 – This level has held multiple times and is backed by volume. Resistance: $64,500 – Strong rejection zone, aligning with the 200 EMA on the 4H. Indicators to Watch: RSI (4H): Hovering around 47 — neutral, but ready to flip bullish on a breakout. EMA Crossover: 21 EMA nearing a bullish cross above 50 EMA — a move that historically precedes upward momentum. MACD: Histogram is flattening — a possible shift in momentum is near. My Take: If BTC reclaims $64.5K with volume, I’m eyeing a quick long scalp toward $66.2K. But a break below $61.2K could trigger a flush toward $59K. Stay sharp. Plan Your Trades, Stick to Risk Management.

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