The pancake is at a critical point, suggesting that the direction may change.

After undergoing a series of declines and resistance tests, BTC is now showing signs that could lead to a rebound or continued decline. Let's analyze the key levels that will guide this trend.

Current Price: 68,032.01

Key Levels to Monitor

Target 1 - Major Resistance Level 71,079.24: This is the recent resistance level that BTC needs to break through to gain bullish momentum and traction. A breakthrough at this level could reignite buying interest and pave the way for further upside.

Target 2 - Key Support Level 66,835.00: This recent low is a critical support level. If BTC stays above this point, we may see the foundation for another potential rebound attempt forming.

Watch for any rebound here, as it is a sign of resilience.

Target 3 - Strong Resistance Level 73,620.12: This level marks an important resistance point that Bitcoin has struggled with in the past. Successfully breaking through this could be a strong indicator of a sustained bullish trend, attracting more buyers.

BTC's High-Risk Moments

Bearish Scenario: If BTC fails to hold the 66,835 support level, we may see further declines that push the price to lower levels and signal ongoing bearish pressure.

Bullish Breakout Potential: On the other hand, breaking the 71,079 resistance level could trigger a rebound, with the next major target being 73,620. Keep an eye on volume and momentum to confirm this trend!#美国大选后涨或跌？ #美联储利率决议来袭 #11月市场预测