Bitcoin midday analysis
Market situation
Bottomed out at 62272 and rebounded, currently above the moving averages, short-term bullish, testing the resistance level around 64300.
Most likely oscillating and consolidating in the 64000-64500 range, gathering strength for a breakout, mainly buying on dips in the short term, and still bullish in the long term. If it retraces to 64100 without breaking, enter the position, targeting 65000.
Break below 63800 to stop loss and exit.
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