The incredible Bitcoin ....๐
With consolidation occurring within a band of $61,000 to $73,000, Bitcoin (BTC) is presently trading at roughly $66,681 per share. Key levels are being watched by analysts in order to identify the next possible breakout points.
Important Levels to Keep an Eye on:
1. Resistance Levels: The $72,000โ$73,500 range is the upper resistance level. A break above this level would trigger a sharp increase in price, perhaps resulting in new all-time highs near $77,593.2.
Support Levels: The main support level, which has been tested several times and held firm, is approximately $69,000. To keep the bullish trend going, this level is essential.
Present Sentiment: The market appears to be neutral, with a possibility for stabilization or a rebound, according to the Relative Strength Index (RSI).
As long as Bitcoin remains above, bullish tendencies will continue to dominate the market sentiment, which is hopeful.