#BTC update

Price bounced and hits 68.7k resistance as expected and currently above 68.7kas support but alao under 69.3k key resistance zone.

Buy options

Buy at current price setup

Buy: Now -- 67781
SL: just below 67781
TP: 69.9, 70969, 71485

Another potential zone if price starts closing below 68.7 -- 68.3k then we can put buy orders range is 647k.

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🚨Bitcoin up or down ? 🚨
There are some factors that i would consider .
Bitcoin dominance
Usdt dominance
Dollar index
Spx
Overall sentiments

Bitcoin dominance is not that important as what matters is the overall market cap.
Currenctly the usdt dominance is very close to the higher time frame support area.
Which means if it moves up to touch the resistance there will be a blood bath.
Dolar index is at highs if it drops we will see crypto market rising .
Spx is also rising

Psychological point :
Market at top , there would be alot of people selling at the highs again
And the buyers are super greedy now.
Technical stuff :
Btc create a new high at 74k areas and was rejected
Which means a newly made resistance for the bitcoin.
I think it will touch the highs again and then we will see if it goes side ways or creates a top wick and come back down.
Right now bitcoin holding 60k areas which is a good sign but considering the other factors that i mentioned on top this is not a good time to trade with over leverage, secondly not a good time to hold coins in spot thinking of a start of bulll market .

Please give me your valuable suggestions too. $BTC $ETH #bitcoin☀️ #Bitcoin❗ #bitcoinetfdaynewsupdate

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@Mr_Master

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Disclaimer: dont listen to anyone, find the real expert then get his opinions

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