Michael Saylor Makes Bitcoin Statement As BTC Reclaims $62,000

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Michael Saylor Makes Bitcoin Statement As BTC Reclaims $62,000 Briefly

Current Outlook:
The price will consolidate between 59950 and 62400 till breaking

Bullish Scenario:
If Bitcoin remains above $62400, it could trend towards $64900. Stability above $64900 confirms a bullish trend, targeting $70000.

Bearish Scenario:
Stabilizing below $59940 targets $56888. A 4-hour candle close below this level confirms a downtrend till 52800.

Key Levels:
- Pivot Line: $59950
- Resistance: $62410, $64900, $70000
- Support: $56888, $52800, $49460

Expected Range:
Bitcoin is expected to move between $64910 and $56880