BTCUSDT Hits Resistance at 60,700 USD, Support at 52,500 USD
Updated
The MACD shows that the downward momentum is weakening, suggesting a potential short-term rise.
If BTC breaks the 60,662 USD level, the next target could be 58,050 USD. Conversely, if it fails to break through, the price may return to the key support at 52,500 USD.
News from the Fed and the possible approval of a Bitcoin Spot ETF will play a critical role in the upcoming trend.
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