The price of #Bitcoin #BTC is currently approaching a critical resistance level at $68,500.
This level is significant as it aligns with the 0.786 Fibonacci retracement and a descending trendline.
A breakout above this resistance could pave the way for a move towards $71,000, and subsequently, an all-time high at $80,000.
The nearest support level is at $64,000.
âWhat do you think? Will this level be broken? Give a thumbs up if you like this analysis!
Good Luck đđ
