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Critical resistance in Bitcoin: Whale movements and risk of decline are increasing, here are the expected levels! đđ
The cryptocurrency market has been seeing major movements in recent days. Bitcoin made two attempts to overcome the important resistance point at $ 68,300, but failed and is currently trading around $ 67,670. During this process, the large amount of whale movements observed suggests that major investors may be active again.
In BTC's daily charts, it is seen that new resistance levels have emerged since March and these levels make price increases difficult. In the hourly chart, it is observed that BTC has retreated from $ 68,300 and gained strength from the support level of $ 66,650. It is seen that buyers are losing momentum and the RSI indicator is signaling a potential price decline.
A pullback to the $ 65,000 level may resolve this discrepancy and set new support levels.
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