Bitcoin is currently in a short-term bullish trend, but it is approaching a critical area of resistance. The Super Trend indicator remains red, indicating that the larger bearish trend is still in place. Bitcoin has shown some early signs of a reversal, but a true bullish reversal has not been confirmed. A breakout above the $68,000 resistance level would signal a potential shift, but until then, the short-term bullish trend may just be a brief surge within a larger bearish framework. Bitcoin recently broke through a previous area of resistance and is facing resistance in the $64,100 to $64,500 range. If a breakout occurs, the next major resistance would be in the $67,000 to $68,000 range. In case of a short-term pullback, Bitcoin is expected to find support around $63,000, with major support between $60,000 and $61,000. The Relative Strength Index (RSI) suggests that the price may be reaching its short-term upside limit and could enter a consolidation period before continuing upward momentum.



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