$BTC is priced at $60,473.38, showing a 4.20% increase. In the last 24 hours, it reached a high of $60,625.00 and a low of $57,632.62, with significant trading volume. These figures indicate active market participation, which is crucial for price movements.

For traders, key resistance levels are at $60,625.00 and $60,785.83. If Bitcoin can break above these levels, it may continue to rise. On the other hand, support levels are found at $59,606.41 and $58,427.00. If the price drops below these support levels, it could signal further declines.

For a long trade, consider entering at around $60,500.00, targeting $60,800.00 while placing a stop loss at $59,600.00. Conversely, for a short trade, an entry point of $60,300.00 could be effective, with a target of $59,500.00 and a stop loss at $60,700.00.

Overall, the market is currently bullish, but traders should watch for price action around these key levels. Staying informed and using proper risk management strategies will help navigate potential market shifts.

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