BTC Dominance: 51.2%
Brief Analysis:
Bitcoin is currently moving sideways after failing to breach resistance at $63,000. Strong support is located around $61,500. The RSI on the 4-hour time frame is in the neutral zone (around 48), indicating that the market is still waiting for a definite direction.
Future BTC Predictions:
If BTC can stay above the support of $61,500, there is potential for a rise back towards $63,800 – $64,200 in the next 2–3 days.
However, if the support breaks, a deeper correction to $60,200 could occur.
Conclusion:
The market is still waiting for a major catalyst. Be cautious of fake breakouts. It is time to focus more on risk management than FOMO.