BTCUSD


1. Current Price:
Bitcoin is trading at **$61,729**, up by 1.52%.

2. Support Zone:
The lower orange highlighted area, around the **$60,000 to $61,000** range, indicates a **support level** where Bitcoin recently found buyers and bounced back. This is likely a strong zone of demand.

3. Resistance Zones:
- The middle orange zone, around **$63,000**, shows the first potential **resistance area**.
- The upper orange zone, around **$66,000**, marks a second resistance level, where Bitcoin previously struggled to maintain upward momentum.

4. Price Action Projection:
- There’s a yellow line showing a potential bullish move. It suggests that the price could bounce from the current support zone and attempt to break through the middle resistance area around **$63,000**.
- After this, the projection anticipates a move toward the **$66,000** resistance level.

Beyond Technical AnalysisTrend Analysis

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