📊 Personal Perspective on $BTC: Is the Uptrend Still Not Over?
In my opinion, BTC is still the leading coin driving the entire market. After a strong breakout from the $60,000 zone, the price quickly regained momentum and continued to move toward the $62,500 resistance area.
What I find positive is that the buying pressure remains quite strong. Even though BTC is consolidating sideways in the short term, trading volume shows no significant signs of weakening. This suggests that the buyers are still in control, and there isn’t enough selling pressure to reverse the trend.
The level I will continue to watch is $60,500. If BTC holds firmly above this zone, the bullish structure will remain intact, and there’s a high chance it will continue toward targets of $63,500, and further to $65,000 in the upcoming sessions.
At the current stage, I still prioritize observing opportunities in line with the trend rather than trying to catch the top or trading against the trend. When Bitcoin maintains its strength, it is usually a positive signal for the entire crypto market.
⚠️ This is my personal viewpoint and not investment advice. Everyone should always manage their capital and use stop-loss points that fit their own strategy.
In my opinion, BTC is still the leading coin driving the entire market. After a strong breakout from the $60,000 zone, the price quickly regained momentum and continued to move toward the $62,500 resistance area.
What I find positive is that the buying pressure remains quite strong. Even though BTC is consolidating sideways in the short term, trading volume shows no significant signs of weakening. This suggests that the buyers are still in control, and there isn’t enough selling pressure to reverse the trend.
The level I will continue to watch is $60,500. If BTC holds firmly above this zone, the bullish structure will remain intact, and there’s a high chance it will continue toward targets of $63,500, and further to $65,000 in the upcoming sessions.
At the current stage, I still prioritize observing opportunities in line with the trend rather than trying to catch the top or trading against the trend. When Bitcoin maintains its strength, it is usually a positive signal for the entire crypto market.
⚠️ This is my personal viewpoint and not investment advice. Everyone should always manage their capital and use stop-loss points that fit their own strategy.