🚨⚡ $BTC /USDT ON THE EDGE OF BREAKOUT – WILL IT HIT NEW HIGHS? ⚡🚨
The $BTC /USDT pair is gaining momentum, trading around $67,722 with a modest 0.85% increase over the past 24 hours. After reaching a high of $68,332, Bitcoin is testing resistance and finding support at critical levels. Traders are closely watching for signals of another surge, with the potential for $BTC to break through recent highs.
💡 Key Targets to Watch 🎯
1. Immediate Resistance: $68,332 – Surpassing this recent peak could confirm bullish momentum, opening up the potential for further gains and potentially sparking excitement among traders.
2. Mid-Level Target: $68,800 – Moving past this psychological barrier would boost confidence in a sustained uptrend, attracting more buyers.
3. Upper Target: $69,500 – Breaking through to this level would signal a major breakout, positioning BTC for new highs and fueling market interest.
Currently, BTC is navigating its moving averages, with MA(7) at $67,804 acting as immediate support, while MA(25) at $67,604 offers additional strength below. The MA(99) at $67,434 further reinforces support, suggesting that the market may be primed for another upward push if these levels hold.
📉 Will BTC Surge to New Highs or Face Resistance? Keep an eye on these levels for potential breakout signals!
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