Is Bitcoin Gearing Up for a New Push? 📈

Taking a look at the latest BTC/USDT chart, we've seen some interesting movements over the past few weeks!

After hitting a recent high around $110,665.9 (around June 8th-9th), Bitcoin experienced a notable pullback, dropping to lows near $100,403.7 (around June 6th). This indicates a period of significant volatility and profit-taking.

However, since then, we've observed a promising recovery. Bitcoin seems to be finding its footing and is currently trading around $106,656.2. The candles suggest increasing bullish momentum in the recent days, with prices trending upwards.

Key things to watch:

* Resistance at prior highs: Can BTC break above the $110k mark again?

* Support levels: Will the current upward trend hold, or will we see a retest of lower support levels?

* Volume: Keep an eye on trading volume to confirm the strength of any moves.

The market is always dynamic, but the current chart suggests renewed optimism. What are your thoughts? Drop them in the comments below! 👇 #Investments #BTCUSDT #BTC