šØ Bitcoin (
$BTC ) Eyes Key Support Levels! Time to Watch Closely ā”šÆ
$BTC /USDT is currently trading at $66,970, down -0.90% from the recent 24-hour high of $68,424. With key moving averages signaling potential shifts in momentum, traders should keep a close watch on the upcoming price action!
Key Targets to Watch:
š Support Level 1: $66,818 ā This is the current low for the 24-hour period and serves as an immediate support level. A break below could trigger further downside action.
š Resistance Target 1: $68,424 ā The recent high. Reclaiming this level would be a strong sign of bullish recovery, with momentum likely to increase if the price holds above it.
ā” Target 2: $69,200 ā If BTC breaks through the $68,424 resistance, $69,200 could be the next test point before a potential retest of the $70,000 psychological barrier.
š Support Target 3: $65,727 ā (MA 99) A critical long-term support level. If BTC approaches this area, we could see strong buying pressure to prevent further decline.
Next Moves:
As
$BTC tests these levels, traders should brace for increased volatility. Breaking below $66,818 could push prices further down, while a rally past $68,424 could ignite a bullish surge towards $69,200 and beyond.
Stay sharp and get ready for the action! š
#BTCAnalysis #CryptoTrading #BitcoinBullRun #BNBto600 #MemeCoinTrending