Over the past 24 hours, Bitcoin climbed 2.66% to hit $61,802, marking a solid daily gain for the world’s largest cryptocurrency after recent choppy price action.
Bitcoin traded within a tight 24-hour range of $60,566 to $63,038, failing to post a breakout that would confirm a clear new bull or bear trend for short-term traders.
Current market analysis assigns a neutral near-term outlook to Bitcoin, with just 42% confidence in that call, reflecting broad market indecision amid conflicting underlying catalysts.
Traders are watching key resistance at $63,000 and support at $60,500, with a break of either level expected to trigger the next major directional move.
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