Current price: $66,660.06 📉 (-0.19%)
Trend:
BTC is in a correction phase after reaching $72,000.
Current short-term trend: downward 📉
Long-term trend: upward 📈
Key levels:
Support:
$64,000 🟢
$60,000 🟢
Resistance:
$68,000 🔴
$72,000 🔴
Liquidations (last 24 hours):
Total liquidations: $67.9M 💸
Longs: $1.4M 📈
Short: $66.4M 📉
Trading volumes:
Increase in volumes near resistance levels 🔴
Moderate volumes near support levels 🟢
Indicator:
The chart shows a decline after a strong rally, but the overall structure remains bullish.
The level of $66,000 is important for the further direction of movement.
📉 Conclusion:
BTC is in a correction phase. A breakdown of the $64,000 support level could lead to further declines to $60,000.
A recovery above $68,000 could signal a continuation of the uptrend and a test of $72,000.
📈 Recommendations:
For traders looking for long entry points, it is recommended to wait for confirmation of support at $64,000.
For shorts, be careful and monitor the price reaction at the $68,000 and $72,000 resistance levels.
