LIVEBTC UPDATE -
1H Chart,
๐ $BTC is currently priced at $68,500, having experienced a bearish trend today after a bullish day yesterday. The market has been in consolidation since March 26th, with a slight bearish sentiment prevailing.
๐ In the 4-hour timeframe, Bitcoin exhibited a significant bearish movement today. It faced rejection at the $71,100 support level, leading to a decline breaking through three support levels. Currently, it's attempting to recover by challenging the $68,500 level.
๐ Pattern: A Triple Top formation has emerged, with retesting around the $68,500 mark and potentially targeting the $67,600 or $67,000 levels for further downside.
๐๐๐ผ Today's market movement reflects a dynamic interplay between bullish and bearish forces, suggesting ongoing volatility in the Bitcoin market.
We Will See...
