Hello everyone, this is Maximilian!
Currently, BTCUSD appears to have recovered significantly thanks to strong support from investors at the price of $61,000. In addition, the successful overcoming of the EMA 89 moving average has also contributed to promoting the growth of this currency.
Through observation from the 4-hour chart, it is clear that the market is receiving positive support. Currently, BTCUSD is following a sideways pattern with the next key price levels set at $70,700 and $73,800. The strength of the $61,000 support level will determine the likelihood of reaching these higher prices.
Currently, BTCUSD appears to have recovered significantly thanks to strong support from investors at the price of $61,000. In addition, the successful overcoming of the EMA 89 moving average has also contributed to promoting the growth of this currency.
Through observation from the 4-hour chart, it is clear that the market is receiving positive support. Currently, BTCUSD is following a sideways pattern with the next key price levels set at $70,700 and $73,800. The strength of the $61,000 support level will determine the likelihood of reaching these higher prices.
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