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Bitcoin Crosses $60,000 Again – What Traders Should Expect Next (11 July 2025)" --- ๐งพ
After a turbulent few weeks, Bitcoin (BTC) has once again crossed the $60,000 mark, sparking optimism among traders and investors. The question on everyone's mind: Is this the start of another bull run, or just a temporary push?
๐ Current Market Overview:
Bitcoin Price: $60,300+
24h Change: +3.8%
Market Sentiment: Neutral to Bullish
Fear & Greed Index: 65 – Greed
๐ Technical Insights:
BTC has successfully broken above the resistance level at $59,500.
The next key resistance lies near $61,500.
If BTC holds above $60K for 24–48 hours, traders could expect more upside potential.
๐ก What Should Traders Do?
Short-Term Traders: Watch for a breakout above $61.5K with volume before entering new longs.
Long-Term Investors: Consider dollar-cost averaging (DCA) while BTC holds above $57K.
Altcoin Watch: Ethereum and Solana are also showing bullish momentum.
๐ Risk Management Tips:
Always set stop-losses near major support levels.
Avoid over-leveraged trades during uncertain market conditions.
Keep an eye on US inflation data and Fed commentary – both can affect BTC price this week.
Also Read: Top 5 Free AI Tools Every Trader Should Use in 2025
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