The price of $BTC /USDT is currently at $64,300.00, reflecting a 1.90% increase over the last 24 hours. BTC has reached a high of $64,300 and a low of $62,357.93 during this period. The strong trading volume, with over 17,327 BTC exchanged, indicates significant market activity and momentum pushing the price upward toward the higher resistance levels.
Key support for BTC is found around $62,144.54, while the current resistance is $64,300, the 24-hour high. Should the price manage to break through this resistance, the next target would likely be around the $64,640.34 level. However, if the price faces rejection at this resistance, a retracement toward the $62,357 region might occur before attempting another breakout.
Traders may look for long positions above $64,300, targeting the next resistance level around $64,640, with a stop loss set around the $62,144 support zone. If the price moves below $62,357, short trades could be initiated, targeting lower support levels such as $59,648. With the bullish momentum seen currently, careful observation of key levels is essential.
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