🔄 $BTC Update 🔄
BTC triumphantly retested around $62,600. and undergoes a retreat, What’s the next move?......
BTC currently exchanges at approximately $63,700.
So here are the potential situations for BTC,according to my analysis.
1️⃣ Generally, the BTC downtrend persists. We might witness BTC in the $57–58k territory if BTC effectively breaches its around $60,500 support region.
2️⃣ BTC might encounter resistance around the $65,300–700 range if its upward momentum continues for some time. Presently, the $68,000 zone presents formidable resistance for BTC, and it consistently confronts rejection from that area.
Should there be any shifts in market trends, I'll keep you posted.