کدام جهت حرکت بیت‌کوین را مشخص می‌کند؟

Many investors are still wondering which direction Bitcoin will move next. Bitcoin's primary trend remains bearish; however, the good news is that the downtrend has weakened, suggesting that selling pressure is likely to remain limited. In addition, Bitcoin has not broken below the strong support level at $ 60,270, which is another positive sign.

At present, Bitcoin is showing a short-term bullish trend. It has rebounded from the $57,818 support level. To maintain this bullish momentum, Bitcoin needs to break above the $64,476 resistance level. The probability of retesting or breaking this resistance appears relatively high.
Currently, Bitcoin is trading near the minor support level of $61,290. Swing traders and trend traders may consider taking long positions at this support level, provided it holds and is not broken.

One of Bitcoin's largest institutional holders is Strategy. The company has been selling Bitcoin; however, there is no significant selling pressure evident in the market at this time.