$ETH
Bitcoin today stands at a critical crossroads!
After a strong rise over the past weeks, BTC is currently experiencing violent fluctuations near the $63,000 level, which is a historical resistance level.
The bulls are trying to break through strongly, but momentum has begun to weaken with declining liquidity and the emergence of overbought indicators on the daily frame.
📉 Negative Scenario:
If strong support at $61,200 is broken, we may see a sharp correction towards $58,800 and possibly $55,000.
🚀 Positive Scenario:
Breaking and holding above $63,500 means a new surge towards $66,000 then $69,000 as a medium-term target.
🎯 Fiery Summary:
Bitcoin today is not for the hesitant! It's either a fiery surge or a violent correction... the decision will be made in the coming hours.
🔔 Follow the market closely and do not enter without strict risk management!