BTCUSD: Prospects for continued growth

Sep 26

BTCUSD has pulled back after hitting resistance at 64,500 USD, but the overall uptrend remains intact. The key support zone is around 60,000–61,000 USD, which could act as a springboard for a price rebound. If the price holds above this level, there is a strong possibility of a bullish move back to 64,500 USD and potentially higher. The uptrend will be reinforced if buyers step in at the support zone, driving momentum for a longer-term rally.

Bullish idea: Wait for the price to touch the support, bounce, and confirm the uptrend, then consider buying when it breaks above 62,500 USD.