Bitcoin dropped to the support area and bounced from there. | MM Crypto on Binance Square

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Bitcoin dropped to the support area and bounced from there. As expected, BTC is moving sideways at the support area. Less volatility is expected over the weekend.
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Bitcoin is continuing its upward movement and has tested the resistance area. However, there was a sharp rejection at the resistance area, leading to traders taking profits. This correction is considered healthy and we may expect some sideways movement now. Support Area: $59,500-$60,000 Resistance Area: $64,500-$65,000

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Bitcoin has failed to hold the support area and is now trading below it. If the price is unable to reclaim the support area, we may see a continuation of the downtrend. Please use tight stop loss in all open trades. Support Area: $56,500-$57,000 Resistance Area: $60,000-$60,500

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Bitcoin is experiencing a downward trend but is currently maintaining support. There is no need to panic as BTC is holding its support. Let's observe how the price behaves in the upcoming weeks.

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Bitcoin is currently trading sideways, but we anticipate a move towards the $65,000 resistance area. The US market is displaying positive movement, and we expect a similar trend in BTC.

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Bitcoin began the week with a strong upward movement. The price bounced after testing the support area and is now heading towards the resistance zone. Whether the upward movement continues or not will be determined by the US market opening. Let's observe how the price reacts.

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