#Bitcoin - daily update:
The price got rejected at the uptrend resistance as mentionned.
It remain bullish on the weekly and neutral on the daily.
I think the price is still consolidating upwards, with a view to the next upward movementđ As long as the price remains above $63,000, it should continue to consolidate in the channel's upper zone.
If the uptrend [H4] is broken and the price closes daily below $65,000, it will probably retest support at $63,000â ïž
Consolidation could last several days and the price should remain neutral for the time being.
Upper big resistances:
68 250$ & 70 000$
Big support zone to watch:
$65,000 and $64,900
Tips:
Some #altcoin should start to move upward as #BTC is clearly consolidating in a bullish zone on a daily basisđ
In the short term, we are in the upper part of the channel and therefore a very strong resistance zoneđš
It is difficult to trade #bitcoin in SWING. I recommend focusing on certain #Altcoins that could break higher.
