Technical Analysis Report: $BTC

Currently $BTC is facing a Consolidation phase with strong Support at 69,811.. It is about to break and will soon reach 70k as predicted last week. Going even further.

$BTC /USDT is trading at $69,786, up 3.38%. The resistance is at $69,800 and the support is at $69,167.

For long-term trades, enter above $69,800 with targets of $69,900 and $70,000.

For short trades, enter below $69,167 with targets at $68,800 and $68,400.

Volume was high with 15,339.90 BTC traded in the last 24 hours, indicating strong market activity.