🚀 Bitcoin Hits New Resistance: Is a Breakout Coming?
Bitcoin is once again testing the $60K resistance level, and traders are watching closely. After a week of sideways movement and low volatility, momentum is building across the market.
📊 Market Snapshot:
BTC is hovering around $59,800
ETH shows strength above $3,100
Altcoins like SOL and AVAX are also seeing small gains
Fear & Greed Index moves slightly toward neutral
What Analysts Are Saying:
Bullish crossover on the 4H RSI
Options data shows more long positions
Accumulation wallets are growing steadily
What’s Next?
If Bitcoin breaks above $60,500 with strong volume, we could see a move to $63K+. But watch for fakeouts — a dip to $57K support is still in play if volume fades.
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