$BTC

Bitcoin (BTC) Trading Update: Long or Short?

Bitcoin is currently trading around the $62,000 level with low volatility and sideways movement. Traders are now trying to decide—is it time to go long or short?

If:$BTC manages to hold support above $61,800 and breaks above $63,200 resistance, we could see a bullish breakout. In that case, a long position might be the right move, targeting $64,500 or higher. The RSI is neutral, and MACD is slowly turning bullish—early signs of a potential rally.

However, if BTC breaks below the $61,500 support level with strong selling volume, a short position could be safer. This could open the door for a move toward $60,000 or even lower.

📌 Quick Tips: – Use stop-loss orders to protect your capital.

– Monitor BTC dominance and USDT.D to gauge market sentiment.

– Avoid high leverage in uncertain zones.

Right now, BTC is in a decision zone—breakout or breakdown. The next 4–8 hours could be critical. Keep your strategy tight and stay updated.

What’s your view? Going long or short today? Drop your thoughts 👇

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