LIVE--
Bullish
LIVEDAILY UPDATE ON BTC
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BITCOIN ANALYSIS 🔥🔥👇🔥 CURRENT SITUATION 👇
#UptoberBTC70K?
---$BTC
🚀 BTC/USDT Analysis Update! 💥
Bitcoin is currently trading at $68,338, with a recent 24h high of $69,519 and a 24h low of $68,119. We’ve seen some key movements in the price action that need your attention:
🔻 Key Resistance Zone: As shown by the red arrows, Bitcoin has repeatedly tested and failed to break above the resistance trendline multiple times since March. We are currently approaching this resistance level once again, so it will be crucial to watch for a potential breakout.
🔵 Demand Zone & Fair Value Gap (FVG): There’s a well-defined demand zone sitting around the $60,000 - $62,000 mark, where buying pressure has previously picked up. This area also lines up with the Fair Value Gap (FVG), making it an important region to monitor for potential price bounces.
📊 Support Zone: The $62,000 - $63,000 zone has held strong as support recently, indicating that buyers are willing to defend this area. If we see a rejection from the current resistance, this could be the next key level for Bitcoin to test.
🚨 Price Target: Should Bitcoin break through the overhead resistance, we could see a push toward the $73,777 level, which is marked as the next high on the chart. However, keep an eye on the market's reaction in the coming days as we are approaching a critical decision point.
Stay tuned for more updates and trade safely! 🚀
#Bitcoin #BTC #CryptoAnalysis #BTCUSD #TechnicalAnalysis #CryptoTrading #CryptoCommunity #BullishBreakout
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#SCRSpotTradingOnBinance
#USRetailSalesBoost
#BinanceLabsInvestsLombard
#BTCSoarsTo68K
---$BTC
🚀 BTC/USDT Analysis Update! 💥
Bitcoin is currently trading at $68,338, with a recent 24h high of $69,519 and a 24h low of $68,119. We’ve seen some key movements in the price action that need your attention:
🔻 Key Resistance Zone: As shown by the red arrows, Bitcoin has repeatedly tested and failed to break above the resistance trendline multiple times since March. We are currently approaching this resistance level once again, so it will be crucial to watch for a potential breakout.
🔵 Demand Zone & Fair Value Gap (FVG): There’s a well-defined demand zone sitting around the $60,000 - $62,000 mark, where buying pressure has previously picked up. This area also lines up with the Fair Value Gap (FVG), making it an important region to monitor for potential price bounces.
📊 Support Zone: The $62,000 - $63,000 zone has held strong as support recently, indicating that buyers are willing to defend this area. If we see a rejection from the current resistance, this could be the next key level for Bitcoin to test.
🚨 Price Target: Should Bitcoin break through the overhead resistance, we could see a push toward the $73,777 level, which is marked as the next high on the chart. However, keep an eye on the market's reaction in the coming days as we are approaching a critical decision point.
Stay tuned for more updates and trade safely! 🚀
#Bitcoin #BTC #CryptoAnalysis #BTCUSD #TechnicalAnalysis #CryptoTrading #CryptoCommunity #BullishBreakout
---
#SCRSpotTradingOnBinance
#USRetailSalesBoost
#BinanceLabsInvestsLombard
#BTCSoarsTo68K
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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