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$BTC Hopium Update 🚀
If $60K holds, things could get very interesting.
Right now, the $60,000 level is lining up with the weekly 200 MA — a key long-term support that has historically acted as a strong base during corrections. When price respects this zone, it often signals that the broader structure is still intact.
A solid defense here could open the door for a strong bounce. Momentum traders would likely step back in, and short-term sentiment could flip quickly.
Best case? A relief rally toward the $80K region.
Of course, confirmation is everything. A weekly close above support would strengthen the bullish case. Lose $60K decisively, and the structure needs to be reassessed.
For now, all eyes on $60K.
Hold the line and the bounce could surprise many. 🚀#GateSquare$50KRedPacketGiveaway