"Does the trade deal between the US and China ignite the next Bitcoin rally?"
#StrategyTrade $BTC
Currently, Bitcoin is moving sideways between $62,000 and $66,000 after a strong rebound from the support level at $58,500. The 50-day moving average shows a slight upward trend, indicating that the bullish trend remains intact in the medium term.
Nearest support: $62,000 – breaking it could bring the price back to $60,000 then $58,500.
