📈💡 Bitcoin's price may soon ride a new bullish wave! Despi

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📈💡 Bitcoin's price may soon ride a new bullish wave! Despite a recent dip from $75K, BTC is not as bearish as some think. • The $60K support zone has held firm, hinting at a potential rally. • A breakout above the current pattern could signal a bullish trend, but a drop could see the market crash towards $52K. The 4-hour chart backs this up, with a rebound from the $60K zone and a test of the $63,500 resistance level. • The Relative Strength Index is above 50%, suggesting bullish momentum. • If the $63,500 level breaks, we could see a rally towards new highs! But, the US market's selling pressure could be a dampener. The Coinbase premium gap shows a volatile demand-supply balance, with US investors' selling pressure possibly affecting the price. What do you think? Will BTC break the $63,500 level and rally? Or will the US market's selling pressure keep it down? Let's chat below! 👇 #Bitcoin #CryptoMarket

📈💡 Bitcoin's price may soon ride a new bullish wave! Despite a recent dip from $75K, BTC is not as bearish as some think. 
• The $60K support zone has held firm, hinting at a potential rally. 
• A breakout above the current pattern could signal a bullish trend, but a drop could see the market crash towards $52K. 
The 4-hour chart backs this up, with a rebound from the $60K zone and a test of the $63,500 resistance level. 
• The Relative Strength Index is above 50%, suggesting bullish momentum. 
• If the $63,500 level breaks, we could see a rally towards new highs! 
But, the US market's selling pressure could be a dampener. The Coinbase premium gap shows a volatile demand-supply balance, with US investors' selling pressure possibly affecting the price. 
What do you think? Will BTC break the $63,500 level and rally? Or will the US market's selling pressure keep it down? Let's chat below! 👇 #Bitcoin #CryptoMarket