Bitcoin (BTC) gained 3.02% over the past 24 hours to settle at $60,845, holding firmly above the key $60,000 psychological level after shaking off a mild early-session pullback. Intraday price action traded within a defined range of $59,628 to $62,062, with consistent buying support emerging at the lower end of the range to prevent a deeper correction. Market analysts hold an 80% confidence bullish prediction for Bitcoin’s near-term outlook, citing sustained institutional inflow and strong spot demand as core upside catalysts. Traders are now watching the $62,000 upper range level as the next critical resistance to break for a continuation of the current uptrend.
(Word count: 128)