Here's a technical analysis report for $BTC /USDT based on the provided chart:
Technical Analysis Report: BTC/USDT
Current Price: $62,326
Resistance: $66,500
Support: $60,000
Long Trade: Enter above $66,500 with targets at $67,000, $68,500, and $70,000, and stop loss at $60,000.
Short Trade: Enter below $60,000 with targets at $58,000, $56,000, and $54,000, and stop loss at $66,500.Â
Analysis Overview
The chart indicates a potential bullish scenario as BTC is currently testing the support level around $60,000. A break above the resistance at $66,500 could lead to further upward momentum, with the next targets set at $67,000 and $68,500. Conversely, if the price drops below $60,000, it may signal a bearish trend, with potential targets at $58,000 and lower.
Let me know if you need any adjustments or further insights!
#WeAreAllSatoshi #HBODocumentarySatoshiRevealed #U.S.UnemploymentNewLow #SECAppealRipple #BTCUptober
