BTCUSDT has experienced a decline as it approached the resistance level of 64,500 USD. However, looking at the technical picture, the uptrend remains steady, with the parallel price channel still intact and no signs of reversal from the 34 and 89 EMA. With these carefully analyzed factors, we should consider re-entering buy positions when the price hits the lower...
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...
BTCUSDT is continuing its strong uptrend, currently trading around $63,590. In the short term, the bullish momentum is clear, with the trendline, EMA, and other technical factors all supporting the buyers. Personally, I favor a buy strategy with a take-profit target at $65,000. You can consider buying now or waiting for a price pullback to the trendline for a...