Why can $BTC surprise this month?
Analyzing the current market structure, $BTC shows strength against the backdrop of uncertainty in stock indices. The buying volume is increasing, and the area near $60,000 looks like strong support. If the price holds above this mark, a breakout upwards is likely.
What to consider:
Institutional investors are again increasing their positions
Activity in derivatives is rising
Indicators such as RSI and OBV signal a possible upward movement
The next resistance level is $66,000. We are watching the price and volume reaction.
What do you think, will $BTC reach $70,000 this month?
