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Crypto Signals | ChartMonkey<\/span><\/a><\/div>\n\n\n\n
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\ud83d\udcc8<\/b><\/i>LONG: <\/b>$BTC<\/b> by <\/b>ArShevelev<\/b><\/a> (4H)<\/b>#BTCUSD<\/b><\/a> | <\/b>#BTC<\/b><\/a> | <\/b>#Bitcoin<\/b><\/a>Current Price $62891.00Market Cap $1242.55BChange 1h +0.51% | 24h +4.91%4-Hourly Indicators:<\/b>\u2022 RSI: 70 - Overbought \ud83d\udfe2<\/b><\/i>\u2022 MACD: 910 - Bullish \ud83d\udfe2<\/b><\/i>\u2022 EMA: 60178 - Above \ud83d\udfe2<\/b><\/i>Analysis:<\/b>Bitcoin is gearing up for a potential rally as it eyes the formidable resistance at $64,928<\/b>, driven by a promising Double Bottom pattern. This bullish setup has been spurred by the Fed's significant rate cut of -50bps, providing the necessary tailwind for Bitcoin to break higher.Price Targets:<\/b>The key target to watch is $64,928<\/b>, which could usher in further bullish momentum. If the breakout is confirmed, the next resistance levels could be around $69,607<\/b> and $72,000<\/b>. Conversely, support lies around $60,919<\/b>, and further down, in the event of a pullback, at $53,968.23<\/b>.<\/div>\n\n