Short Term**: Bitcoin is in a balance between bulls and bears, with the direction determined upon breaking **$68,000** or **$60,000**.
- **Long Term**: The upward trend remains as long as the price is above **$52,000 (200-day moving average)**.
> **Warning**: Technical analysis is not a guarantee of market performance and should be combined with fundamental analysis and risk management. 🚀📉#BTCBreaksATH #ETHRally #HotJulyPPI $BTC