#BinanceHODLerSIGN Here’s the latest update on the **Bitcoin (BTC) price chart** as of **June 28, 2024** (based on recent trends and key levels to watch):

### **BTC Price Snapshot (Approx.)**

- **Current Price:** ~$61,200 (varies by exchange)

- **24h Change:** **-1.5%** (slight pullback)

- **Market Cap:** ~$1.2 trillion

- **Key Support:** $60,000 (critical level to hold)

- **Key Resistance:** $62,500 → $64,000 (breakout targets)

### **Chart Analysis (1D Timeframe)**

1. **Trend:** BTC is consolidating between **$60K–$62.5K** after a recent dip from ~$64K.

2. **Moving Averages:**

- **50 EMA:** ~$62,000 (near-term resistance)

- **200 EMA:** ~$58,000 (strong support if deeper correction occurs).

3. **RSI (Daily):** ~45 (neutral, no extreme oversold/overbought signal).

4. **Volume:** Declining volume suggests cautious trading before potential volatility.

### **Key Scenarios to Watch:**

- **Bullish Breakout:** A close above **$62.5K** could target **$64K** and beyond.

- **Bearish Breakdown:** Loss of **$60K** may trigger a drop toward **$58K–$56K** support.

### **Market Sentiment:**

- **Macro Factors:** Fed rate cut expectations (late 2024) and institutional ETF flows remain pivotal.

- **On-Chain Data:** Long-term holders (HODLers) are accumulating, but short-term traders are cautious.

### **What’s Next?**

- If BTC holds **$60K**, consolidation could lead to a rebound.

- A break below **$60K** may extend the correction phase.

Would you like a deeper analysis on a specific timeframe (e.g., 4-hour, weekly) or factors like exchange flows/derivatives data? Let me know!

*Note: Crypto markets are highly volatile—always verify real-time data (e.g., TradingView, CoinGecko) before trading.*